Platina Resources (ASX:PGM) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Platina Resources Change In Receivables?

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

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

Platina Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.07 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. Platina Resources's liquidation value for the six months ended in Dec. 2023 was A$8.69 Mil.

Platina Resources Change In Receivables Historical Data

The historical data trend for Platina Resources'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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Platina Resources Change In Receivables Chart

Platina Resources Annual Data

Trend

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Change In Receivables

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Platina Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Platina Resources 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.

Platina Resources (ASX:PGM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.065	/	0	*	91
=

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

Platina Resources'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)
=	9.093	-	0.455	+	0.75 * 0.065	+	0.5 * 0
=	8.69

Platina Resources Change In Receivables Related Terms

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Platina Resources (ASX:PGM) Business Description

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

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PTNUF:USA P4R:Germany

Address

c/- Corporate Consultants Pty Ltd, 389 Oxford Street, Level 2, Suite 9, Mount Hawthorn, Perth, WA, AUS, 6016

Website

https://www.platinaresources.com.au

Platina Resources Ltd is a company engaged in acquiring, exploring and developing mineral interests, prospective for precious metals and other mineral deposits. The company focuses on platinum group metals, zinc and gold and base metals. It holds an interest in Blue Moon, Owendale, Munni Munni, Skaergaard and Qialivarteerpik Projects.Geographically it operates in Greenland, Australia and North America and derives key revenue from Greenland.