GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldgroup Mining Inc (FRA:55G0) » Definitions » Change In Receivables

Goldgroup Mining (FRA:55G0) Change In Receivables : €0.59 Mil (TTM As of Sep. 2024)


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

What is Goldgroup Mining Change In Receivables?

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

Goldgroup Mining's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.23 Mil. It means Goldgroup Mining's Accounts Receivable increased by €0.23 Mil from Dec. 2022 to Dec. 2023 .

Goldgroup 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. Goldgroup Mining's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Goldgroup Mining's liquidation value for the three months ended in Sep. 2024 was €-11.07 Mil.


Goldgroup Mining Change In Receivables Historical Data

The historical data trend for Goldgroup 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.

Goldgroup Mining Change In Receivables Chart

Goldgroup 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 0.40 -0.92 -0.62 0.19 -0.23

Goldgroup Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.34 0.81 -0.17 0.76 0.01

Goldgroup 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 €0.59 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.


Goldgroup Mining  (FRA:55G0) 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.

Goldgroup 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
=0/3.329*91
=0.00

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

Goldgroup 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)
=0.66-12.808+0.75 * 0+0.5 * 2.152
=-11.07

* 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.


Goldgroup Mining Change In Receivables Related Terms

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


Goldgroup Mining Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Goldgroup Mining Inc is a Canadian-based gold production, development, and exploration company with an upside in a portfolio of projects in Mexico, including an interest in DynaResource de Mexico, S.A. de C.V., which owns 100 percent of the high-grade gold exploration project, San Jose de Gracia, located in the State of Sinaloa. In addition, the company operates its 100%-owned Cerro Prieto heap-leach gold mine, in the State of Sonora, Mexico.

Goldgroup Mining Headlines

No Headlines