Nevsun Resources (Nevsun Resources) Change In Receivables : $-3.4 Mil (TTM As of Sep. 2018)

View and export this data going back to 2005. Start your Free Trial

What is Nevsun Resources Change In Receivables?

Nevsun Resources's change in receivables for the quarter that ended in Sep. 2018 was $-5.5 Mil. It means Nevsun Resources's Accounts Receivable increased by $5.5 Mil from Jun. 2018 to Sep. 2018 .

Nevsun Resources's change in receivables for the fiscal year that ended in Dec. 2017 was $-19.1 Mil. It means Nevsun Resources's Accounts Receivable increased by $19.1 Mil from Dec. 2016 to Dec. 2017 .

Nevsun Resources's Accounts Receivable for the quarter that ended in Sep. 2018 was $21.4 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Nevsun Resources's Days Sales Outstanding for the three months ended in Sep. 2018 was 27.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nevsun Resources's liquidation value for the three months ended in Sep. 2018 was $-0.4 Mil.

Nevsun Resources Change In Receivables Historical Data

The historical data trend for Nevsun Resources's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nevsun Resources Change In Receivables Chart

Nevsun Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Change In Receivables

Get a 7-Day Free Trial

12.62

-8.98

18.85

1.85

-19.10

Nevsun Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Change In Receivables	Get a 7-Day Free Trial															-0.99	-7.85	11.28	-1.26	-5.54

Nevsun Resources Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.4 Mil.

Nevsun Resources (AMEX:NSU) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Nevsun Resources's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.368	/	71.608	*	91
=	27.23

2. In Ben Graham's calculation of liquidation value, Nevsun Resources's accounts receivable are only considered to be worth 75% of book value:

Nevsun Resources's liquidation value for the quarter that ended in Sep. 2018 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	88.681	-	153.573	+	0.75 * 21.368	+	0.5 * 97.017
=	-0.4

Nevsun Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of Nevsun Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Nevsun Resources (Nevsun Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevsun Resources Ltd (AMEX:NSU) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

1066 West Hastings Street, Suite 1750, Vancouver, BC, CAN, V6E 3X1

Website

http://www.nevsun.com

Nevsun Resources Ltd is involved in acquisition, exploration, development and operation of mineral property interests. The company primarily engages in copper and zinc production at Bisha, a large, high-grade volcanogenic massive sulphide deposit located 150km west of Asmara, Eritrea, East Africa. The company generates revenue through the sale of copper and zinc concentrates which contain gold and silver by-products. Bisha is mined using conventional drill and blast open pit mining techniques to remove waste and deliver ore to the run of mine stock pile. Nevsun Resources also operates a high-grade copper and gold Timok project, a high-grade deposit located in the Bor mining district, in Serbia.