Silver X Mining (FRA:AGX) Change In Receivables : €-1.54 Mil (TTM As of Mar. 2024)

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What is Silver X Mining Change In Receivables?

Silver X Mining's change in receivables for the quarter that ended in Mar. 2024 was €-1.09 Mil. It means Silver X Mining's Accounts Receivable increased by €1.09 Mil from Dec. 2023 to Mar. 2024 .

Silver X Mining's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.77 Mil. It means Silver X Mining's Accounts Receivable increased by €0.77 Mil from Dec. 2022 to Dec. 2023 .

Silver X Mining's Accounts Receivable for the quarter that ended in Mar. 2024 was €0.51 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. Silver X Mining's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Silver X Mining's liquidation value for the three months ended in Mar. 2024 was €-30.83 Mil.

Silver X Mining Change In Receivables Historical Data

The historical data trend for Silver X 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.

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Silver X Mining Change In Receivables Chart

Silver X Mining Annual Data

Trend

Feb20

Feb21

Dec22

Dec23

Change In Receivables

-0.13

-1.63

-0.77

Silver X Mining Quarterly Data
	May20	Aug20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-0.32	-0.73	0.31	-0.04	-1.09

Silver X 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.54 Mil.

Silver X Mining (FRA:AGX) 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.

Silver X Mining's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.511	/	4.397	*	91
=	10.60

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

Silver X Mining's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.271	-	31.723	+	0.75 * 0.511	+	0.5 * 0.471
=	-30.83

Silver X Mining Change In Receivables Related Terms

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Silver X Mining (FRA:AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver X Mining Corp (FRA:AGX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AGXPF:USA AGX:Germany AGX:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.silverx-mining.com

Silver X Mining Corp is a Canadian silver mining company with assets in Peru and Ecuador. The Company operates in two reportable operating segments, the exploration and development of mineral properties. The company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. The firm offers diverse commodity exposure, including silver, gold, lead, and zinc opportunities. It also holds interest in the Coriorcco gold project.