Colossus Minerals (Colossus Minerals) Change In Receivables : $0.42 Mil (TTM As of Dec. 2013)

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What is Colossus Minerals Change In Receivables?

Colossus Minerals's change in receivables for the quarter that ended in Dec. 2013 was $0.42 Mil. It means Colossus Minerals's Accounts Receivable declined by $0.42 Mil from Sep. 2013 to Dec. 2013 .

Colossus Minerals's change in receivables for the fiscal year that ended in Dec. 2013 was $0.42 Mil. It means Colossus Minerals's Accounts Receivable declined by $0.42 Mil from Dec. 2012 to Dec. 2013 .

Colossus Minerals's Accounts Receivable for the quarter that ended in Dec. 2013 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Colossus Minerals's liquidation value for the three months ended in Dec. 2013 was $-123.83 Mil.

Colossus Minerals Change In Receivables Historical Data

The historical data trend for Colossus Minerals'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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Colossus Minerals Change In Receivables Chart

Colossus Minerals Annual Data

Trend

Jul07

Jul08

Jul09

Jul10

Dec11

Dec12

Dec13

Change In Receivables

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0.26

-0.33

0.02

-0.46

0.42

Colossus Minerals Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Change In Receivables	Get a 7-Day Free Trial															-0.83	-0.88	-0.01	0.89	0.42

Colossus Minerals 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. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.42 Mil.

Colossus Minerals (OTCPK:COLUF) 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.

Colossus Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.114	/	0	*	91
=

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

Colossus Minerals's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.582	-	124.501	+	0.75 * 0.114	+	0.5 * 0
=	-123.83

Colossus Minerals Change In Receivables Related Terms

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Colossus Minerals (Colossus Minerals) Business Description

Industry

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

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Traded in Other Exchanges

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Address

100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9

Website

http://www.colossusminerals.ca

Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

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