ARSMF (Ares Strategic Mining) Change In Receivables: $-0.04 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ARSMF Ares Strategic Mining Inc ARSMF
23 GF Score
Price $0.28
! 3 Warning Signs
View Full Analysis

What is Ares Strategic Mining Change In Receivables?

Ares Strategic Mining ARSMF +6.68% 23 Change In Receivables is $-0.04 Mil as of Mar. 2026. GuruFocus rates ARSMF with a GF Score™ of 23/100. The stock has 3 warning signs investors should review.

Ares Strategic Mining's change in receivables for the quarter that ended in Mar. 2026 was $0.02 Mil. It means Ares Strategic Mining's Accounts Receivable declined by $0.02 Mil from Dec. 2025 to Mar. 2026 .

Ares Strategic Mining's change in receivables for the fiscal year that ended in Sep. 2025 was $-0.03 Mil. It means Ares Strategic Mining's Accounts Receivable increased by $0.03 Mil from Sep. 2024 to Sep. 2025 .

Ares Strategic Mining's Accounts Receivable for the quarter that ended in Mar. 2026 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ares Strategic Mining's liquidation value for the three months ended in Mar. 2026 was $-18.55 Mil.

Ares Strategic Mining  (OTCPK:ARSMF) 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.

Ares Strategic Mining's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

Ares Strategic Mining's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.805-27.355+0.75 * 0+0.5 * 0
=-18.55

* 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.

Ares Strategic Mining Change In Receivables Related Terms

Ares Strategic Mining Change In Receivables Historical Data

* Premium members only.

The historical data trend for Ares Strategic 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.

Ares Strategic Mining Change In Receivables Chart

Ares Strategic Mining Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.00 0.01 -0.02 -0.03

Ares Strategic Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 -0.03 -0.01 -0.02 0.02
ARSMF
23GF Score
Ares Strategic Mining Inc ARSMF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ares Strategic 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.04 Mil mean?
Ares Strategic Mining (ARSMF) has a Change In Receivables of $-0.04 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ares Strategic Mining and its competitors.
Is Ares Strategic Mining's Change In Receivables too high?
Ares Strategic Mining's current Change In Receivables is $-0.04 Mil. Overall, Ares Strategic Mining has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Ares Strategic Mining's Change In Receivables compare to competitors?
Ares Strategic Mining's Change In Receivables of $-0.04 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Ares Strategic Mining and its competitors. Ares Strategic Mining's current Change In Receivables is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ares Strategic Mining stock overvalued right now?
Ares Strategic Mining (ARSMF) has a current Change In Receivables of $-0.04 Mil. The current Change In Receivables is $-0.04 Mil. Ares Strategic Mining's overall GF Score™ is 23/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Ares Strategic Mining (ARSMF), the current Change In Receivables is $-0.04 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ares Strategic Mining Business Description

Other Exchanges N8I:GermanyARS:Canada
Address 409 Granville Street, Suite 1001, Vancouver, BC, CAN, V6C 1T2
Ares Strategic Mining Inc is a junior natural resource mining company. The Company has one reportable segment, being the acquisition, exploration, and development of resource properties. It is engaged in the acquisition and exploration of lithium resource properties. Its projects include Lost Sheep, Vanadium Ridge Property, Liard Property, jackpot lake property, Wilcox playa and Ontario properties.
23GF Score

Get the complete analysis for ARSMF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price