MDNGF (Midnight Sun Mining) Change In Receivables : $0.01 Mil (TTM As of Dec. 2024)

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What is Midnight Sun Mining Change In Receivables?

Midnight Sun Mining's change in receivables for the quarter that ended in Dec. 2024 was $0.03 Mil. It means Midnight Sun Mining's Accounts Receivable declined by $0.03 Mil from Sep. 2024 to Dec. 2024 .

Midnight Sun Mining's change in receivables for the fiscal year that ended in Dec. 2024 was $0.01 Mil. It means Midnight Sun Mining's Accounts Receivable declined by $0.01 Mil from Dec. 2023 to Dec. 2024 .

Midnight Sun Mining's Accounts Receivable for the quarter that ended in Dec. 2024 was $0.01 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. Midnight Sun Mining's liquidation value for the three months ended in Dec. 2024 was $5.17 Mil.

Midnight Sun Mining Change In Receivables Historical Data

The historical data trend for Midnight Sun 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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Midnight Sun Mining Change In Receivables Chart

Midnight Sun Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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0.02

-0.01

0.01

Midnight Sun Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-0.01	-	-0.02	-	0.03

Midnight Sun 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Midnight Sun Mining (OTCPK:MDNGF) 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.

Midnight Sun Mining's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.008	/	0	*	91
=

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

Midnight Sun Mining's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.485	-	0.32	+	0.75 * 0.008	+	0.5 * 0
=	5.17

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Midnight Sun Mining Business Description

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MMA:Canada

Address

789 West Pender Street, Suite 1205, Vancouver, BC, CAN, V6C 1H2

Website

https://www.midnightsunmining.com

Midnight Sun Mining Corp is engaged in the acquisition and exploration of mineral property interests. The Company has one reportable operating segment, being the acquisition and exploration of mineral properties., The Company's exploration and evaluation assets are located in Zambia, Africa and the Company's right-of-use assets are located in Canada.