Amerigo Resources (Amerigo Resources) Change In Receivables : $-7.7 Mil (TTM As of Mar. 2024)

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What is Amerigo Resources Change In Receivables?

Amerigo Resources's change in receivables for the quarter that ended in Mar. 2024 was $-7.1 Mil. It means Amerigo Resources's Accounts Receivable increased by $7.1 Mil from Dec. 2023 to Mar. 2024 .

Amerigo Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $5.9 Mil. It means Amerigo Resources's Accounts Receivable declined by $5.9 Mil from Dec. 2022 to Dec. 2023 .

Amerigo Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was $15.4 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. Amerigo Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 20.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Amerigo Resources's liquidation value for the three months ended in Mar. 2024 was $-64.6 Mil.

Amerigo Resources Change In Receivables Historical Data

The historical data trend for Amerigo 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.

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Amerigo Resources Change In Receivables Chart

Amerigo Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.79

-7.20

7.25

-0.42

5.89

Amerigo Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															6.50	0.66	-0.89	-0.39	-7.12

Amerigo 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.7 Mil.

Amerigo Resources (OTCPK:ARREF) 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.

Amerigo Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.396	/	68.241	*	91
=	20.59

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

Amerigo Resources's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.801	-	93.805	+	0.75 * 15.396	+	0.5 * 7.708
=	-64.6

Amerigo Resources Change In Receivables Related Terms

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Amerigo Resources (Amerigo Resources) Business Description

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RE8:Germany ARG:Canada

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.amerigoresources.com

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central S.A. The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.