Kirkland Lake Gold (Kirkland Lake Gold) Change In Receivables : $-21 Mil (TTM As of Sep. 2021)

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What is Kirkland Lake Gold Change In Receivables?

Kirkland Lake Gold's change in receivables for the quarter that ended in Sep. 2021 was $-4 Mil. It means Kirkland Lake Gold's Accounts Receivable increased by $4 Mil from Jun. 2021 to Sep. 2021 .

Kirkland Lake Gold's change in receivables for the fiscal year that ended in Dec. 2020 was $-2 Mil. It means Kirkland Lake Gold's Accounts Receivable increased by $2 Mil from Dec. 2019 to Dec. 2020 .

Kirkland Lake Gold's Accounts Receivable for the quarter that ended in Sep. 2021 was $0 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. Kirkland Lake Gold's Days Sales Outstanding for the three months ended in Sep. 2021 was 0.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kirkland Lake Gold's liquidation value for the three months ended in Sep. 2021 was $-1,001 Mil.

Kirkland Lake Gold Change In Receivables Historical Data

The historical data trend for Kirkland Lake Gold'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.

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Kirkland Lake Gold Change In Receivables Chart

Kirkland Lake Gold Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

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1.37

-7.47

-5.83

2.88

-2.42

Kirkland Lake Gold Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Change In Receivables	Get a 7-Day Free Trial															-5.40	-8.94	-18.28	10.30	-3.82

Kirkland Lake Gold 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

Kirkland Lake Gold (NYSE:KL) 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.

Kirkland Lake Gold's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.138	/	666.978	*	91
=	0.02

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

Kirkland Lake Gold's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	822.424	-	1917.721	+	0.75 * 0.138	+	0.5 * 187.883
=	-1,001

Kirkland Lake Gold Change In Receivables Related Terms

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Kirkland Lake Gold (Kirkland Lake Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kirkland Lake Gold Ltd (NYSE:KL) » Definitions » Change In Receivables

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Address

200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1

Website

https://www.klgold.com

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.