CMLGF (Canickel Mining) Change In Receivables: $-0.31 Mil (TTM As of Mar. 2025)

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CMLGF Canickel Mining Ltd CMLGF
12 GF Score
Price $0.02
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What is Canickel Mining Change In Receivables?

Canickel Mining CMLGF -100.00% 12 Change In Receivables is $-0.31 Mil as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

Canickel Mining's change in receivables for the quarter that ended in Mar. 2025 was $-0.30 Mil. It means Canickel Mining's Accounts Receivable increased by $0.30 Mil from Dec. 2024 to Mar. 2025 .

Canickel Mining's change in receivables for the fiscal year that ended in Dec. 2024 was $-0.01 Mil. It means Canickel Mining's Accounts Receivable increased by $0.01 Mil from Dec. 2023 to Dec. 2024 .

Canickel Mining's Accounts Receivable for the quarter that ended in Mar. 2025 was $0.00 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. Canickel Mining's liquidation value for the three months ended in Mar. 2025 was $-91.87 Mil.

Canickel Mining  (OTCPK:CMLGF) 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.

Canickel Mining's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

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

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

Canickel Mining's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.51-92.378+0.75 * 0+0.5 * 0
=-91.87

* 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.

Canickel Mining Change In Receivables Related Terms

Canickel Mining Change In Receivables Historical Data

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The historical data trend for Canickel 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.

Canickel Mining Change In Receivables Chart

Canickel Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.02 0.01 0.02 -0.01

Canickel Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.01 0.00 0.00 -0.01 -0.30
CMLGF
12GF Score
Canickel Mining Ltd CMLGF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Canickel 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.31 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 $-0.31 Mil mean?
Canickel Mining (CMLGF) has a Change In Receivables of $-0.31 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Canickel Mining and its competitors.
Is Canickel Mining's Change In Receivables too high?
Canickel Mining's current Change In Receivables is $-0.31 Mil. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Change In Receivables compare to NRHI and WOLV?
Canickel Mining's Change In Receivables of $-0.31 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 Canickel Mining and its competitors. Canickel Mining's current Change In Receivables is $-0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Change In Receivables of $-0.31 Mil. The current Change In Receivables is $-0.31 Mil. Canickel Mining's overall GF Score™ is 12/100. 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 Canickel Mining (CMLGF), the current Change In Receivables is $-0.31 Mil as of Mar. 2025. 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.

Canickel Mining Business Description

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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