Continental Coal (ASX:CCC) Change In Receivables: A$0.00 Mil (TTM As of Jun. 2014)


What is Continental Coal Change In Receivables?

Continental Coal ASX:CCC Change In Receivables is A$0.00 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

Continental Coal's change in receivables for the quarter that ended in Jun. 2014 was A$0.00 Mil. It means Continental Coal's Accounts Receivable stayed the same from Dec. 2013 to Jun. 2014 .

Continental Coal's change in receivables for the fiscal year that ended in Jun. 2014 was A$1.72 Mil. It means Continental Coal's Accounts Receivable declined by A$1.72 Mil from Jun. 2013 to Jun. 2014 .

Continental Coal's Accounts Receivable for the quarter that ended in Jun. 2014 was A$3.00 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. Continental Coal's Days Sales Outstanding for the six months ended in Jun. 2014 was 18.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Continental Coal's liquidation value for the six months ended in Jun. 2014 was A$-150.55 Mil.

Continental Coal  (ASX:CCC) 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.

Continental Coal's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.996/30.109*91
=18.16

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

Continental Coal's liquidation value for the quarter that ended in Jun. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.619-157.003+0.75 * 2.996+0.5 * 1.166
=-150.55

* 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.

Continental Coal Change In Receivables Related Terms

Continental Coal Change In Receivables Historical Data

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The historical data trend for Continental Coal'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.

Continental Coal Change In Receivables Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Change In Receivables
-4.72 -0.99 1.44 1.72

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Change In Receivables Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Continental Coal 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 Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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 A$0.00 Mil mean?
Continental Coal (ASX:CCC) has a Change In Receivables of A$0.00 Mil as of Jun. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Continental Coal and its competitors.
Is Continental Coal's Change In Receivables too high?
Continental Coal's current Change In Receivables is A$0.00 Mil.
How does Continental Coal's Change In Receivables compare to competitors?
Continental Coal's Change In Receivables of A$0.00 Mil can be compared against companies in the Steel 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 Steel company?
A good Change In Receivables depends on the Steel 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 Continental Coal and its competitors. Continental Coal's current Change In Receivables is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Change In Receivables of A$0.00 Mil. The current Change In Receivables is A$0.00 Mil. 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 Continental Coal (ASX:CCC), the current Change In Receivables is A$0.00 Mil as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.