Polo Resources (Polo Resources) Change In Receivables : $-0.03 Mil (TTM As of Dec. 2019)

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What is Polo Resources Change In Receivables?

Polo Resources's change in receivables for the quarter that ended in Dec. 2019 was $-0.46 Mil. It means Polo Resources's Accounts Receivable increased by $0.46 Mil from Jun. 2019 to Dec. 2019 .

Polo Resources's change in receivables for the fiscal year that ended in Jun. 2019 was $0.02 Mil. It means Polo Resources's Accounts Receivable declined by $0.02 Mil from Jun. 2018 to Jun. 2019 .

Polo Resources's Accounts Receivable for the quarter that ended in Dec. 2019 was $0.00 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. Polo Resources's liquidation value for the six months ended in Dec. 2019 was $-1.01 Mil.

Polo Resources Change In Receivables Historical Data

The historical data trend for Polo 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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Polo Resources Change In Receivables Chart

Polo Resources Annual Data

Trend

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Change In Receivables

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-0.73

-1.44

-1.51

-0.51

0.02

Polo Resources Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19
Change In Receivables	Get a 7-Day Free Trial															0.17	-0.69	-0.41	0.43	-0.46

Polo 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 Dec. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.03 Mil.

Polo Resources (GREY:POLJF) 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.

Polo Resources's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-5.32	*	91
=

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

Polo Resources's liquidation value for the quarter that ended in Dec. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.281	-	1.286	+	0.75 * 0	+	0.5 * 0
=	-1.01

Polo Resources Change In Receivables Related Terms

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Polo Resources (Polo Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polo Resources Ltd (GREY:POLJF) » Definitions » Change In Receivables

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Address

Craigmuir Chambers, Tortola, Road Town, VIR, 1110

Website

http://www.poloresources.com

Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

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