SSR Mining (TSX:SSRM) Change In Receivables : C$-58 Mil (TTM As of Dec. 2023)

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What is SSR Mining Change In Receivables?

SSR Mining's change in receivables for the quarter that ended in Dec. 2023 was C$-27 Mil. It means SSR Mining's Accounts Receivable increased by C$27 Mil from Sep. 2023 to Dec. 2023 .

SSR Mining's change in receivables for the fiscal year that ended in Dec. 2023 was C$-57 Mil. It means SSR Mining's Accounts Receivable increased by C$57 Mil from Dec. 2022 to Dec. 2023 .

SSR Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was C$123 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. SSR Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SSR Mining's liquidation value for the three months ended in Dec. 2023 was C$-325 Mil.

SSR Mining Change In Receivables Historical Data

The historical data trend for SSR Mining'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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SSR Mining Change In Receivables Chart

SSR Mining Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-58.56

6.57

-48.82

-15.90

-56.57

SSR Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															11.49	-62.54	48.06	-17.06	-26.86

SSR Mining 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-58 Mil.

SSR Mining (TSX:SSRM) 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.

SSR Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	122.542	/	571.383	*	91
=	19.57

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

SSR Mining's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	688.693	-	1451.034	+	0.75 * 122.542	+	0.5 * 691.116
=	-325

SSR Mining Change In Receivables Related Terms

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SSR Mining (TSX:SSRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SSR Mining Inc (TSX:SSRM) » Definitions » Change In Receivables

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Traded in Other Exchanges

SSRM:USA ZSV:Germany SSR:Australia

Address

6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237

Website

https://www.ssrmining.com

SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a significant portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.