GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fokus Mining Corp (OTCPK:FKMCF) » Definitions » Change In Receivables

FKMCF (Fokus Mining) Change In Receivables : $0.07 Mil (TTM As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Fokus Mining Change In Receivables?

Fokus Mining's change in receivables for the quarter that ended in Sep. 2024 was $0.01 Mil. It means Fokus Mining's Accounts Receivable declined by $0.01 Mil from Jun. 2024 to Sep. 2024 .

Fokus Mining's change in receivables for the fiscal year that ended in Dec. 2023 was $0.02 Mil. It means Fokus Mining's Accounts Receivable declined by $0.02 Mil from Dec. 2022 to Dec. 2023 .

Fokus Mining's Accounts Receivable for the quarter that ended in Sep. 2024 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. Fokus Mining's liquidation value for the three months ended in Sep. 2024 was $-0.11 Mil.

Fokus Mining Change In Receivables Historical Data

The historical data trend for Fokus 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.

* Premium members only.

Fokus Mining Change In Receivables Chart

Fokus Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.10 -0.01 0.04 0.02

Fokus Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.02 0.03 - 0.03 0.01

Fokus 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.07 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.

Fokus Mining  (OTCPK:FKMCF) 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.

Fokus Mining's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

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

Fokus Mining's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.151-0.262+0.75 * 0+0.5 * 0
=-0.11

* 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.

Fokus Mining Change In Receivables Related Terms

Thank you for viewing the detailed overview of Fokus Mining's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Fokus Mining Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fokus Mining Corp (OTCPK:FKMCF) » Definitions » Change In Receivables
Comparable Companies
TSXV:ABR TSXV:KNG TSXV:AAN TSXV:AMY TSXV:KC TSXV:STS XCNQ:TN TSXV:PJX TSXV:CPS TSXV:B ASX:BHP ASX:RIO LSE:RIO SAU:1211 LSE:GLEN MEX:GMEXICOB BSP:VALE3 LSE:AAL ASX:FMG BOM:500188
Traded in Other Exchanges
F7E1:Germany FKM:Canada
Address
147, Quebec Avenue, Rouyn-Noranda, QC, CAN, J9X 6M8
Website
https://www.fokusmining.com
Fokus Mining Corp is a mineral resource company. The company is engaged in the exploration and acquisition of precious metal deposits in the province of Quebec. It is focused on the Copper Point property, bloc seb property, and 113 North property. It has a single segment the acquisition and exploration of mining properties.