FTMDF (Fortune Minerals) Change In Receivables: $-0.69 Mil (TTM As of Mar. 2026)

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FTMDF Fortune Minerals Ltd FTMDF
23 GF Score
Price $0.09
! 4 Warning Signs
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What is Fortune Minerals Change In Receivables?

Fortune Minerals FTMDF -3.88% 23 Change In Receivables is $-0.69 Mil as of Mar. 2026. GuruFocus rates FTMDF with a GF Score™ of 23/100. The stock has 4 warning signs investors should review.

Fortune Minerals's change in receivables for the quarter that ended in Mar. 2026 was $0.17 Mil. It means Fortune Minerals's Accounts Receivable declined by $0.17 Mil from Dec. 2025 to Mar. 2026 .

Fortune Minerals's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.58 Mil. It means Fortune Minerals's Accounts Receivable increased by $0.58 Mil from Dec. 2024 to Dec. 2025 .

Fortune Minerals's Accounts Receivable for the quarter that ended in Mar. 2026 was $0.95 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. Fortune Minerals's liquidation value for the three months ended in Mar. 2026 was $-12.86 Mil.

Fortune Minerals  (OTCPK:FTMDF) 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.

Fortune Minerals's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.952/0*91
=

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

Fortune Minerals's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.12-14.695+0.75 * 0.952+0.5 * 0
=-12.86

* 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.

Fortune Minerals Change In Receivables Related Terms

Fortune Minerals Change In Receivables Historical Data

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The historical data trend for Fortune 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.

Fortune Minerals Change In Receivables Chart

Fortune Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 0.08 0.04 -0.49 -0.58

Fortune Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.27 -0.03 -0.23 -0.60 0.17
FTMDF
23GF Score
Fortune Minerals Ltd FTMDF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.69 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.69 Mil mean?
Fortune Minerals (FTMDF) has a Change In Receivables of $-0.69 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Fortune Minerals and its competitors.
Is Fortune Minerals' Change In Receivables too high?
Fortune Minerals' current Change In Receivables is $-0.69 Mil. Overall, Fortune Minerals has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Minerals' Change In Receivables compare to competitors?
Fortune Minerals' Change In Receivables of $-0.69 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Fortune Minerals and its competitors. Fortune Minerals's current Change In Receivables is $-0.69 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Minerals stock overvalued right now?
Fortune Minerals (FTMDF) has a current Change In Receivables of $-0.69 Mil. The current Change In Receivables is $-0.69 Mil. Fortune Minerals' overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Fortune Minerals (FTMDF), the current Change In Receivables is $-0.69 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fortune Minerals Business Description

Other Exchanges 0UWG:UKFMP:GermanyFT:Canada
Address 617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is engaged in the development and mining of critical and precious metal deposits in Canada. It is involved in the exploration and development of specialty metals, base metals, and precious metals in the NWT (three of which are Critical Minerals), with a Hydromet Facility planned to be built in Alberta. The NICO Project is at an advanced stage of development that includes a proposed hydrometallurgical processing plant to process metal concentrates produced from the NICO Mine and produce value metal and chemical products The group also owns the Sue-Dianne copper-silver-gold deposit, and the Salkeld Lake exploration project.
23GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.09
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