Global Ferronickel Holdings (PHS:FNI) Change In Receivables : ₱1,680 Mil (TTM As of Mar. 2024)

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What is Global Ferronickel Holdings Change In Receivables?

Global Ferronickel Holdings's change in receivables for the quarter that ended in Mar. 2024 was ₱15 Mil. It means Global Ferronickel Holdings's Accounts Receivable declined by ₱15 Mil from Dec. 2023 to Mar. 2024 .

Global Ferronickel Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was ₱1,811 Mil. It means Global Ferronickel Holdings's Accounts Receivable declined by ₱1,811 Mil from Dec. 2022 to Dec. 2023 .

Global Ferronickel Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was ₱473 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. Global Ferronickel Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Ferronickel Holdings's liquidation value for the three months ended in Mar. 2024 was ₱-1,908 Mil.

Global Ferronickel Holdings Change In Receivables Historical Data

The historical data trend for Global Ferronickel Holdings'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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Global Ferronickel Holdings Change In Receivables Chart

Global Ferronickel Holdings Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-98.61

61.03

18.95

-659.39

1,811.18

Global Ferronickel Holdings 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															145.79	-393.97	941.20	1,118.16	14.55

Global Ferronickel Holdings 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 ₱1,680 Mil.

Global Ferronickel Holdings (PHS:FNI) 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.

Global Ferronickel Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	472.537	/	589.875	*	91
=	73.10

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

Global Ferronickel Holdings'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)
=	1506.561	-	4052.769	+	0.75 * 472.537	+	0.5 * 567.647
=	-1,908

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Global Ferronickel Holdings (PHS:FNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Ferronickel Holdings Inc (PHS:FNI) » Definitions » Change In Receivables

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Address

Asean Avenue corner Fuentes Street, Penthouse, Platinum Tower, Metro Manila, Paranaque, PHL, 1701

Website

https://www.gfni.com.ph

Global Ferronickel Holdings Inc is a nickel producer in the Philippines and a supplier of nickel ore. The company has an extensive portfolio of exploration sites and exploration programs. Its operating segment includes Mining; Manufacturing and Services. The company generates maximum revenue from the Mining segment. Mining segment, which is engaged in the mining and exploration of nickel saprolite and limonite ore. Geographically, it operates in the Philippines and Hong Kong.