Prime Mining (Prime Mining) Change In Receivables : $0.03 Mil (TTM As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Prime Mining Change In Receivables?

Prime Mining's change in receivables for the quarter that ended in Dec. 2023 was $-0.01 Mil. It means Prime Mining's Accounts Receivable increased by $0.01 Mil from Sep. 2023 to Dec. 2023 .

Prime Mining's change in receivables for the fiscal year that ended in Dec. 2023 was $0.03 Mil. It means Prime Mining's Accounts Receivable declined by $0.03 Mil from Dec. 2022 to Dec. 2023 .

Prime Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.03 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. Prime Mining's liquidation value for the three months ended in Dec. 2023 was $22.77 Mil.

Prime Mining Change In Receivables Historical Data

The historical data trend for Prime 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.

* Premium members only.

Prime Mining Change In Receivables Chart

Prime Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.02

-0.09

0.06

-0.01

0.03

Prime Mining Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.03	-0.02	0.04	-	-0.01

Prime 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 Mil.

Prime Mining (OTCPK:PRMNF) 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.

Prime Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.031	/	0	*	91
=

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

Prime Mining's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.202	-	2.457	+	0.75 * 0.031	+	0.5 * 0
=	22.77

Prime Mining Change In Receivables Related Terms

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

Prime Mining (Prime Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prime Mining Corp (OTCPK:PRMNF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

O4V3:Germany PRYM:Canada

Address

1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.primeminingcorp.ca

Prime Mining Corp is engaged in the acquisition, exploration, and development of mineral resource properties, primarily targeting high-value and specialty metals. The company's projects include Los Reyes; Magenta and others. The Company has one operating segment, which is the acquisition and exploration of mineral properties.