Euro Ressources (Euro Ressources) Change In Receivables : $-4.63 Mil (TTM As of Sep. 2023)

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What is Euro Ressources Change In Receivables?

Euro Ressources's change in receivables for the quarter that ended in Sep. 2023 was $-1.06 Mil. It means Euro Ressources's Accounts Receivable increased by $1.06 Mil from Jun. 2023 to Sep. 2023 .

Euro Ressources's change in receivables for the fiscal year that ended in Dec. 2022 was $-3.14 Mil. It means Euro Ressources's Accounts Receivable increased by $3.14 Mil from Dec. 2021 to Dec. 2022 .

Euro Ressources's Accounts Receivable for the quarter that ended in Sep. 2023 was $9.61 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. Euro Ressources's Days Sales Outstanding for the three months ended in Sep. 2023 was 94.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Euro Ressources's liquidation value for the three months ended in Sep. 2023 was $29.75 Mil.

Euro Ressources Change In Receivables Historical Data

The historical data trend for Euro Ressources'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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Euro Ressources Change In Receivables Chart

Euro Ressources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.10

1.27

3.29

-0.45

-3.14

Euro Ressources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															0.93	-2.29	-1.64	0.35	-1.06

Euro Ressources 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.63 Mil.

Euro Ressources (OTCPK:ERRSF) 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.

Euro Ressources's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.607	/	9.273	*	91
=	94.54

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

Euro Ressources's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	26.17	-	3.623	+	0.75 * 9.607	+	0.5 * 0
=	29.75

Euro Ressources Change In Receivables Related Terms

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Euro Ressources (Euro Ressources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Ressources SA (OTCPK:ERRSF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

EUR:France GY5:Germany

Address

23, Rue du Roule, Paris, FRA, 75001

Website

https://www.goldroyalties.com

Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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