AZMTF (Azimut Exploration) Change In Receivables: $-1.42 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AZMTF Azimut Exploration Inc AZMTF
41 GF Score
Price $0.45
GF Value $0.51
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Azimut Exploration Change In Receivables?

Azimut Exploration AZMTF -1.67% 41 Change In Receivables is $-1.42 Mil as of Feb. 2026. GuruFocus rates AZMTF with a GF Score™ of 41/100 and a GF Value™ of $0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Azimut Exploration's change in receivables for the quarter that ended in Feb. 2026 was $-0.79 Mil. It means Azimut Exploration's Accounts Receivable increased by $0.79 Mil from Nov. 2025 to Feb. 2026 .

Azimut Exploration's change in receivables for the fiscal year that ended in Aug. 2025 was $-0.03 Mil. It means Azimut Exploration's Accounts Receivable increased by $0.03 Mil from Aug. 2024 to Aug. 2025 .

Azimut Exploration's Accounts Receivable for the quarter that ended in Feb. 2026 was $1.15 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. Azimut Exploration's liquidation value for the three months ended in Feb. 2026 was $-1.07 Mil.


Azimut Exploration  (OTCPK:AZMTF) 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.

Azimut Exploration's Days Sales Outstanding for the quarter that ended in Feb. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.152/-0.032*91
=

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

Azimut Exploration's liquidation value for the quarter that ended in Feb. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.005-4.939+0.75 * 1.152+0.5 * 0
=-1.07

* 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.


Azimut Exploration Change In Receivables Related Terms


Azimut Exploration Change In Receivables Historical Data

* Premium members only.

The historical data trend for Azimut Exploration'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.

Azimut Exploration Change In Receivables Chart

Azimut Exploration Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.52 1.52 0.64 0.16 -0.03

Azimut Exploration Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 Premium Member Only Premium Member Only -0.03 0.51 -0.53 -0.60 -0.79
AZMTF
41GF Score
Azimut Exploration Inc AZMTF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azimut Exploration 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.42 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 $-1.42 Mil mean?
Azimut Exploration (AZMTF) has a Change In Receivables of $-1.42 Mil as of Feb. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Azimut Exploration and its competitors.
Is Azimut Exploration's Change In Receivables too high?
Azimut Exploration's current Change In Receivables is $-1.42 Mil. Overall, Azimut Exploration has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azimut Exploration's Change In Receivables compare to competitors?
Azimut Exploration's Change In Receivables of $-1.42 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 Azimut Exploration and its competitors. Azimut Exploration's current Change In Receivables is $-1.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azimut Exploration stock overvalued right now?
Based on GuruFocus' analysis, Azimut Exploration (AZMTF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.51, compared to a current price of $0.45 — trading 11.8% below its estimated fair value. The current Change In Receivables is $-1.42 Mil. Azimut Exploration's overall GF Score™ is 41/100 with 4 warning signs to review. 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 Azimut Exploration (AZMTF), the current Change In Receivables is $-1.42 Mil as of Feb. 2026. 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.

Is Azimut Exploration (AZMTF) Overvalued in 2026?

Based on GuruFocus' analysis, Azimut Exploration stock appears to be undervalued. The current stock price of $0.45 is trading 11.8% below its estimated GF Value™ of $0.51. GuruFocus considers Azimut Exploration to be Modestly Undervalued.

Key valuation signals for AZMTF:

  • Change In Receivables: $-1.42 Mil
  • GF Value™: $0.51 vs. price of $0.45 (11.8% below fair value)
  • GF Score™: 41/100 with 4 warning signs

No single metric tells the full story. See the AZMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azimut Exploration Business Description

Other Exchanges AZM:Canada
Address 110 Rue De La Barre, Suite 224, Longueuil, QC, CAN, J4K 1A3
Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. The Company holds the mineral exploration portfolio in the mining-friendly province of Quebec, Canada, with an exploration focus on large-scale gold, copper, nickel and lithium targets. The group is dedicated to advancing its flagship Elmer gold-copper and Wabamisk gold-antimony projects in parallel with a pipeline of additional exploration opportunities with existing and potential partners.
41GF Score

Get the complete analysis for AZMTF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.45
Price
$0.51
GF Value