Sinovus Mining (ASX:SNV) Change In Receivables: A$0.00 Mil (TTM As of Dec. 2015)

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What is Sinovus Mining Change In Receivables?

Sinovus Mining ASX:SNV Change In Receivables is A$0.00 Mil as of Dec. 2015. The stock has 4 warning signs investors should review.

Sinovus Mining's change in receivables for the quarter that ended in Dec. 2015 was A$0.00 Mil. It means Sinovus Mining's Accounts Receivable stayed the same from Jun. 2015 to Dec. 2015 .

Sinovus Mining's change in receivables for the fiscal year that ended in Jun. 2016 was A$0.00 Mil. It means Sinovus Mining's Accounts Receivable stayed the same from Jun. 2015 to Jun. 2016 .

Sinovus Mining's Accounts Receivable for the quarter that ended in Dec. 2015 was A$0.01 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. Sinovus Mining's liquidation value for the six months ended in Dec. 2015 was A$-0.73 Mil.

Sinovus Mining  (ASX:SNV) 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.

Sinovus Mining's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.014/0*91
=

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

Sinovus Mining's liquidation value for the quarter that ended in Dec. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-0.737+0.75 * 0.014+0.5 * 0
=-0.73

* 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.

Sinovus Mining Change In Receivables Related Terms

Sinovus Mining Change In Receivables Historical Data

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The historical data trend for Sinovus 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.

Sinovus Mining Change In Receivables Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Sinovus 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. 2015 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?
Sinovus Mining (ASX:SNV) has a Change In Receivables of A$0.00 Mil as of Dec. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sinovus Mining and its competitors.
Is Sinovus Mining's Change In Receivables too high?
Sinovus Mining's current Change In Receivables is A$0.00 Mil.
How does Sinovus Mining's Change In Receivables compare to competitors?
Sinovus Mining's Change In Receivables of A$0.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining 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 Sinovus Mining and its competitors. Sinovus Mining'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 Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) 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 Sinovus Mining (ASX:SNV), the current Change In Receivables is A$0.00 Mil as of Dec. 2015. 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.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.