Genmin (ASX:GEN) Change In Receivables : A$0.00 Mil (TTM As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Genmin Change In Receivables?

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

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

Genmin's Accounts Receivable for the quarter that ended in Jun. 2023 was A$0.32 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. Genmin's liquidation value for the six months ended in Jun. 2023 was A$-23.22 Mil.

Genmin Change In Receivables Historical Data

The historical data trend for Genmin'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.

* Premium members only.

Genmin Change In Receivables Chart

Genmin Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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

Genmin 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Genmin (ASX:GEN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.319	/	0	*	91
=

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

Genmin's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.691	-	25.185	+	0.75 * 0.319	+	0.5 * 0.07
=	-23.22

Genmin Change In Receivables Related Terms

Thank you for viewing the detailed overview of Genmin's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Genmin (ASX:GEN) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Suite 3, Level 8,, London House, Perth, WA, AUS, 6000

Website

https://www.genmingroup.com

Genmin Ltd is an iron ore exploration and development company with a pipeline of projects in Gabon. The company has six exploration licenses in Gabon, covering three projects. Its project includes Baniaka; Bakoumba and Minvoul/Bitam. The company's operating segments include Gabon Exploration and Corporate.