CTGX Mining (CTGX Mining) Change In Receivables : $-0.10 Mil (TTM As of Jan. 2005)

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What is CTGX Mining Change In Receivables?

CTGX Mining's change in receivables for the quarter that ended in Jan. 2005 was $0.10 Mil. It means CTGX Mining's Accounts Receivable declined by $0.10 Mil from Oct. 2004 to Jan. 2005 .

CTGX Mining's change in receivables for the fiscal year that ended in Mar. 2003 was $0.00 Mil. It means CTGX Mining's Accounts Receivable stayed the same from . 20 to Mar. 2003 .

CTGX Mining's Accounts Receivable for the quarter that ended in Jan. 2005 was $0.11 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. CTGX Mining's Days Sales Outstanding for the three months ended in Jan. 2005 was 120.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CTGX Mining's liquidation value for the three months ended in Jan. 2005 was $-0.89 Mil.

CTGX Mining Change In Receivables Historical Data

The historical data trend for CTGX 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.

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CTGX Mining Change In Receivables Chart

CTGX Mining Annual Data

Trend

Mar03

Change In Receivables

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-0.19	0.10

CTGX 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 Jan. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining's Days Sales Outstanding for the quarter that ended in Jan. 2005 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.114	/	0.086	*	91
=	120.96

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

CTGX Mining's liquidation value for the quarter that ended in Jan. 2005 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.004	-	1.122	+	0.75 * 0.114	+	0.5 * 0.295
=	-0.89

CTGX Mining Change In Receivables Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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