Mitre Mining (ASX:MMC) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Mitre Mining Change In Receivables?

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

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

Mitre Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.16 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. Mitre Mining's liquidation value for the six months ended in Dec. 2023 was A$2.37 Mil.

Mitre Mining Change In Receivables Historical Data

The historical data trend for Mitre 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.

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Mitre Mining Change In Receivables Chart

Mitre Mining Annual Data

Trend

Jun22

Jun23

Change In Receivables

Mitre Mining Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-	-	-	-	-

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

Mitre Mining (ASX:MMC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.159	/	0	*	91
=

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

Mitre Mining'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)
=	2.605	-	0.355	+	0.75 * 0.159	+	0.5 * 0
=	2.37

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Mitre Mining (ASX:MMC) Business Description

Industry

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

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Address

8 Richardson Street, Level 2, West Perth, Perth, VIC, AUS, 6005

Website

https://www.mitremining.com.au

Mitre Mining Corp Ltd is a gold and base metals exploration company in Australia. Its project is EL9146 in the eastern Lachlan Fold Belt near Batemans Bay on the New South Wales south coast, East Pilbara, and Mt Alexander project.