GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Almaden Minerals Ltd (LTS:0UH8) » Definitions » Change In Receivables

Almaden Minerals (LTS:0UH8) Change In Receivables : C$-0.20 Mil (TTM As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Almaden Minerals Change In Receivables?

Almaden Minerals's change in receivables for the quarter that ended in Sep. 2023 was C$0.03 Mil. It means Almaden Minerals's Accounts Receivable declined by C$0.03 Mil from Jun. 2023 to Sep. 2023 .

Almaden Minerals's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.10 Mil. It means Almaden Minerals's Accounts Receivable increased by C$0.10 Mil from Dec. 2021 to Dec. 2022 .

Almaden Minerals's Accounts Receivable for the quarter that ended in Sep. 2023 was C$0.11 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. Almaden Minerals's liquidation value for the three months ended in Sep. 2023 was C$-3.40 Mil.


Almaden Minerals Change In Receivables Historical Data

The historical data trend for Almaden 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.

* Premium members only.

Almaden Minerals Change In Receivables Chart

Almaden Minerals 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 0.24 -0.01 0.02 -0.10 -0.19

Almaden Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 0.03 - 0.03 -0.26

Almaden 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.20 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.


Almaden Minerals  (LTS:0UH8) 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.

Almaden Minerals's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.107/0*91
=

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

Almaden Minerals's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.671-8.151+0.75 * 0.107+0.5 * 0
=-3.40

* 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.


Almaden Minerals Change In Receivables Related Terms

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


Almaden Minerals (LTS:0UH8) Business Description

Traded in Other Exchanges
Address
1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9
Almaden Minerals Ltd is an exploration stage company and is engaged in the exploration and development of properties in Canada and Mexico. The company owns an interest in the Tuligtic project in Puebla State, Mexico. Tuligtic covers the Ixtaca Gold-Silver Deposit.

Almaden Minerals (LTS:0UH8) Headlines

No Headlines