Apex Mining Co (PHS:APX) Change In Receivables : ₱-746 Mil (TTM As of Mar. 2024)

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What is Apex Mining Co Change In Receivables?

Apex Mining Co's change in receivables for the quarter that ended in Mar. 2024 was ₱-945 Mil. It means Apex Mining Co's Accounts Receivable increased by ₱945 Mil from Dec. 2023 to Mar. 2024 .

Apex Mining Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₱94 Mil. It means Apex Mining Co's Accounts Receivable declined by ₱94 Mil from Dec. 2022 to Dec. 2023 .

Apex Mining Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₱1,855 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. Apex Mining Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Apex Mining Co's liquidation value for the three months ended in Mar. 2024 was ₱-9,140 Mil.

Apex Mining Co Change In Receivables Historical Data

The historical data trend for Apex Mining Co'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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Apex Mining Co Change In Receivables Chart

Apex Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-125.12

-21.85

224.71

-977.97

94.11

Apex Mining Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-105.15	178.99	-366.24	386.52	-944.89

Apex Mining Co 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 ₱-746 Mil.

Apex Mining Co (PHS:APX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1854.96	/	3259.025	*	91
=	51.94

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

Apex Mining Co'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)
=	1472.661	-	12544.944	+	0.75 * 1854.96	+	0.5 * 1082.829
=	-9,140

Apex Mining Co Change In Receivables Related Terms

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Apex Mining Co (PHS:APX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apex Mining Co Inc (PHS:APX) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Exchange Road, Ortigas Center, 3304B West Tower, Tektite Towers, Pasig, PHL, 1605

Website

https://www.apexmines.com

Apex Mining Co Inc is a metals and minerals mining company. It primarily is engaged in the business of mining, milling, concentrating, converting, smelting, treating, preparing for market, manufacturing, buying, selling, exchanging, and otherwise producing and dealing in gold, silver, copper, lead, zinc brass, iron, steel, and all kinds of ores, metals, and minerals.

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