Avidian Gold (Avidian Gold) Change In Receivables : $0.05 Mil (TTM As of Dec. 2023)

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What is Avidian Gold Change In Receivables?

Avidian Gold's change in receivables for the quarter that ended in Dec. 2023 was $-0.00 Mil. It means Avidian Gold's Accounts Receivable increased by $0.00 Mil from Sep. 2023 to Dec. 2023 .

Avidian Gold's change in receivables for the fiscal year that ended in Jun. 2023 was $0.07 Mil. It means Avidian Gold's Accounts Receivable declined by $0.07 Mil from Jun. 2022 to Jun. 2023 .

Avidian Gold's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.02 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. Avidian Gold's liquidation value for the three months ended in Dec. 2023 was $-0.83 Mil.

Avidian Gold Change In Receivables Historical Data

The historical data trend for Avidian Gold'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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Avidian Gold Change In Receivables Chart

Avidian Gold Annual Data

Trend

Mar15

Mar16

Mar17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.06

-0.07

-0.09

-0.22

0.07

Avidian Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.02	0.04	-0.02	0.02	-

Avidian Gold 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 quarterly data reported by the company within the most recent 12 months, which was $0.05 Mil.

Avidian Gold (OTCPK:AVGDF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.018	/	0	*	91
=

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

Avidian Gold'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)
=	0.059	-	0.903	+	0.75 * 0.018	+	0.5 * 0
=	-0.83

Avidian Gold Change In Receivables Related Terms

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Avidian Gold (Avidian Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avidian Gold Corp (OTCPK:AVGDF) » Definitions » Change In Receivables

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AVG:Canada

Address

110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4

Website

https://www.avidiangold.com

Avidian Gold Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of acquiring and exploring gold projects. The company holds right to explore several properties comprising of Golden Zone, Labrador West, Amanita and Jungo.