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Mkango Resources (STU:ZMK) Change In Receivables : €0.17 Mil (TTM As of Sep. 2024)


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What is Mkango Resources Change In Receivables?

Mkango Resources's change in receivables for the quarter that ended in Sep. 2024 was €0.09 Mil. It means Mkango Resources's Accounts Receivable declined by €0.09 Mil from Jun. 2024 to Sep. 2024 .

Mkango Resources's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.22 Mil. It means Mkango Resources's Accounts Receivable increased by €0.22 Mil from Dec. 2022 to Dec. 2023 .

Mkango Resources's Accounts Receivable for the quarter that ended in Sep. 2024 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. Mkango Resources's liquidation value for the three months ended in Sep. 2024 was €-2.86 Mil.


Mkango Resources Change In Receivables Historical Data

The historical data trend for Mkango 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.

* Premium members only.

Mkango Resources Change In Receivables Chart

Mkango Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - -0.01 -0.09 -0.22

Mkango Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.12 0.27 -0.07 0.09

Mkango 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.17 Mil.

* 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.


Mkango Resources  (STU:ZMK) 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.

Mkango Resources's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

Mkango Resources's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.794-4.655+0.75 * 0+0.5 * 0
=-2.86

* 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.


Mkango Resources Change In Receivables Related Terms

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Mkango Resources Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The Company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project.

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