Turquoise Hill Resources (STU:IHM1) Change In Receivables : €-8 Mil (TTM As of Sep. 2022)

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What is Turquoise Hill Resources Change In Receivables?

Turquoise Hill Resources's change in receivables for the quarter that ended in Sep. 2022 was €-10 Mil. It means Turquoise Hill Resources's Accounts Receivable increased by €10 Mil from Jun. 2022 to Sep. 2022 .

Turquoise Hill Resources's change in receivables for the fiscal year that ended in Dec. 2021 was €46 Mil. It means Turquoise Hill Resources's Accounts Receivable declined by €46 Mil from Dec. 2020 to Dec. 2021 .

Turquoise Hill Resources's Accounts Receivable for the quarter that ended in Sep. 2022 was €14 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. Turquoise Hill Resources's Days Sales Outstanding for the three months ended in Sep. 2022 was 3.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turquoise Hill Resources's liquidation value for the three months ended in Sep. 2022 was €-4,769 Mil.

Turquoise Hill Resources Change In Receivables Historical Data

The historical data trend for Turquoise Hill 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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Turquoise Hill Resources Change In Receivables Chart

Turquoise Hill Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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12.20

-7.36

-0.84

-35.72

46.15

Turquoise Hill Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Receivables	Get a 7-Day Free Trial															3.17	5.02	-29.52	27.17	-10.49

Turquoise Hill 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8 Mil.

Turquoise Hill Resources (STU:IHM1) 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.

Turquoise Hill Resources's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.779	/	394.991	*	91
=	3.18

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

Turquoise Hill Resources's liquidation value for the quarter that ended in Sep. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	211.346	-	5111.17	+	0.75 * 13.779	+	0.5 * 241.409
=	-4,769

Turquoise Hill Resources Change In Receivables Related Terms

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Turquoise Hill Resources (STU:IHM1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Turquoise Hill Resources Ltd (STU:IHM1) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

1 Place Ville-Marie, Suite 3680, Montreal, QC, CAN, H3B 3P2

Website

https://www.turquoisehill.com

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.

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