Platinum Group Metals (STU:P6MB) Change In Receivables : €0.52 Mil (TTM As of Feb. 2024)

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What is Platinum Group Metals Change In Receivables?

Platinum Group Metals's change in receivables for the quarter that ended in Feb. 2024 was €0.07 Mil. It means Platinum Group Metals's Accounts Receivable declined by €0.07 Mil from Nov. 2023 to Feb. 2024 .

Platinum Group Metals's change in receivables for the fiscal year that ended in Aug. 2023 was €-0.16 Mil. It means Platinum Group Metals's Accounts Receivable increased by €0.16 Mil from Aug. 2022 to Aug. 2023 .

Platinum Group Metals's Accounts Receivable for the quarter that ended in Feb. 2024 was €0.10 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. Platinum Group Metals's liquidation value for the three months ended in Feb. 2024 was €4.02 Mil.

Platinum Group Metals Change In Receivables Historical Data

The historical data trend for Platinum Group Metals'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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Platinum Group Metals Change In Receivables Chart

Platinum Group Metals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.18

0.20

0.03

-0.17

-0.16

Platinum Group Metals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.01	0.30	0.02	0.14	0.07

Platinum Group Metals 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.52 Mil.

Platinum Group Metals (STU:P6MB) 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.

Platinum Group Metals's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.097	/	0	*	91
=

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

Platinum Group Metals's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.387	-	1.44	+	0.75 * 0.097	+	0.5 * 0
=	4.02

Platinum Group Metals Change In Receivables Related Terms

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Platinum Group Metals (STU:P6MB) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Platinum Group Metals Ltd (STU:P6MB) » Definitions » Change In Receivables

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PLG:USA PTM:Canada

Address

1100 Melville Street, Suite 838, Vancouver, BC, CAN, V6E 4A6

Website

https://www.platinumgroupmetals.net

Platinum Group Metals Ltd is the operator of the Waterberg Project, a bulk underground PGM deposit located in South Africa. Waterberg was discovered by Platinum Group and is being jointly developed with Implats, the Japan Oil, Gas and Metals National Corporation (JOGMEC) and Hanwa Co. Ltd. Waterberg has the potential to be a large-scale, low-cost producer of palladium, platinum, rhodium, and gold. Geographically, it operates in Canada and South Africa.

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