CEGMF (Cerro Grande Mining) Change In Receivables: $0.00 Mil (TTM As of Jun. 2024)

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What is Cerro Grande Mining Change In Receivables?

Cerro Grande Mining CEGMF Change In Receivables is $0.00 Mil as of Jun. 2024.

Cerro Grande Mining's change in receivables for the quarter that ended in Jun. 2024 was $0.00 Mil. It means Cerro Grande Mining's Accounts Receivable stayed the same from Mar. 2024 to Jun. 2024 .

Cerro Grande Mining's change in receivables for the fiscal year that ended in Sep. 2023 was $0.01 Mil. It means Cerro Grande Mining's Accounts Receivable declined by $0.01 Mil from Sep. 2022 to Sep. 2023 .

Cerro Grande Mining's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.08 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. Cerro Grande Mining's liquidation value for the three months ended in Jun. 2024 was $-7.00 Mil.

Cerro Grande Mining  (OTCPK:CEGMF) 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.

Cerro Grande Mining's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.082/0*91
=

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

Cerro Grande Mining's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-7.063+0.75 * 0.082+0.5 * 0
=-7.00

* 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.

Cerro Grande Mining Change In Receivables Related Terms

Cerro Grande Mining Change In Receivables Historical Data

* Premium members only.

The historical data trend for Cerro Grande 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.

Cerro Grande Mining Change In Receivables Chart

Cerro Grande Mining Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 -0.03 0.02 0.01

Cerro Grande Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

Cerro Grande 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $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 $0.00 Mil mean?
Cerro Grande Mining (CEGMF) has a Change In Receivables of $0.00 Mil as of Jun. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Cerro Grande Mining and its competitors.
Is Cerro Grande Mining's Change In Receivables too high?
Cerro Grande Mining's current Change In Receivables is $0.00 Mil.
How does Cerro Grande Mining's Change In Receivables compare to NRHI and ENRT?
Cerro Grande Mining's Change In Receivables of $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 Cerro Grande Mining and its competitors. Cerro Grande Mining's current Change In Receivables is $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 Cerro Grande Mining stock overvalued right now?
Cerro Grande Mining (CEGMF) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $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 Cerro Grande Mining (CEGMF), the current Change In Receivables is $0.00 Mil as of Jun. 2024. 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.

Cerro Grande Mining Business Description

Address Avenida Santa Maria 2224, Providencia, Santiago, CHL
Cerro Grande Mining Corp is a Canada-based exploration company. The business activity of the group is operated in one reportable operating segment, being the acquisition, exploration, and development of mineral properties. It explores new gold, copper, and industrial mineral properties in central Chile. The company holds an interest in Pimenton Copper Gold Mining Project.