Cobre (ASX:CBE) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Cobre Change In Receivables?

Cobre's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Cobre's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Cobre's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Cobre's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Cobre's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.24 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. Cobre's liquidation value for the six months ended in Dec. 2023 was A$1.14 Mil.

Cobre Change In Receivables Historical Data

The historical data trend for Cobre'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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Cobre Change In Receivables Chart

Cobre Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Receivables

Cobre Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

Cobre 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Cobre (ASX:CBE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.243	/	0	*	91
=

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

Cobre'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)
=	1.93	-	0.969	+	0.75 * 0.243	+	0.5 * 0
=	1.14

Cobre Change In Receivables Related Terms

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Cobre (ASX:CBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cobre Ltd (ASX:CBE) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

27 Macquarie Place, Level 10, Kyle House, Sydney, NSW, AUS, 2000

Website

https://www.cobre.com.au

Cobre Ltd is an exploration and mining company. Its projects include the Perrinvale project, Botswana projects and the Sandiman project. The Perrinvale Project is located at Kalgoorlie in the Yilgarn Craton of Western Australia. The Sandiman Project is located on the eastern edge of the Southern Carnarvon Basin. The firm has only one operating segment being exploration for precious metals.

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