JINFF (China Gold International Resources) Change In Receivables : $0.0 Mil (TTM As of Sep. 2024)

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What is China Gold International Resources Change In Receivables?

China Gold International Resources's change in receivables for the quarter that ended in Sep. 2024 was $0.0 Mil. It means China Gold International Resources's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

China Gold International Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $-10.1 Mil. It means China Gold International Resources's Accounts Receivable increased by $10.1 Mil from Dec. 2022 to Dec. 2023 .

China Gold International Resources's Accounts Receivable for the quarter that ended in Sep. 2024 was $1.8 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. China Gold International Resources's Days Sales Outstanding for the three months ended in Sep. 2024 was 0.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Gold International Resources's liquidation value for the three months ended in Sep. 2024 was $-823.9 Mil.

China Gold International Resources Change In Receivables Historical Data

The historical data trend for China Gold International Resources'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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China Gold International Resources Change In Receivables Chart

China Gold International Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.90

-11.50

-4.58

12.95

-10.11

China Gold International Resources 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															-	-	-	-	-

China Gold International Resources 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 $0.0 Mil.

China Gold International Resources (OTCPK:JINFF) 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.

China Gold International Resources's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.836	/	254.581	*	91
=	0.66

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

China Gold International Resources'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)
=	307.646	-	1282.974	+	0.75 * 1.836	+	0.5 * 300.051
=	-823.9

China Gold International Resources Change In Receivables Related Terms

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China Gold International Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Gold International Resources Corp Ltd (OTCPK:JINFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

02099:Hong Kong JI3:Germany CGG:Canada

Address

505 Burrard Street, Suite 660, One Bentall Centre, Vancouver, BC, CAN, V7X 1M4

Website

https://www.chinagoldintl.com

China Gold International Resources Corp Ltd is a company engaged in the acquisition, exploration, development, and mining of mineral reserves in China. The company primarily operates two mines in China: the CSH Mine which produces gold, and the Jiama Mine which produces gold and copper. While the majority of the company's revenue is derived from gold mining, a significant portion of sales still result from copper production. The vast majority of the company's gold output is sold to China National Gold Corporation and its subsidiaries.