TRCGF (Thistle Resources) Change In Receivables: $-0.03 Mil (TTM As of Mar. 2026)

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TRCGF Thistle Resources Inc TRCGF
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What is Thistle Resources Change In Receivables?

Thistle Resources TRCGF -6.25% 10 Change In Receivables is $-0.03 Mil as of Mar. 2026. GuruFocus rates TRCGF with a GF Score™ of 10/100.

Thistle Resources's change in receivables for the quarter that ended in Mar. 2026 was $-0.03 Mil. It means Thistle Resources's Accounts Receivable increased by $0.03 Mil from Dec. 2025 to Mar. 2026 .

Thistle Resources's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.14 Mil. It means Thistle Resources's Accounts Receivable increased by $0.14 Mil from Dec. 2024 to Dec. 2025 .

Thistle Resources's Accounts Receivable for the quarter that ended in Mar. 2026 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. Thistle Resources's liquidation value for the three months ended in Mar. 2026 was $-2.23 Mil.

Thistle Resources  (OTCPK:TRCGF) 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.

Thistle Resources's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

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

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

Thistle Resources's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.327-2.558+0.75 * 0+0.5 * 0
=-2.23

* 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.

Thistle Resources Change In Receivables Related Terms

Thistle Resources Change In Receivables Historical Data

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The historical data trend for Thistle 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.

Thistle Resources Change In Receivables Chart

Thistle Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Change In Receivables
0.04 0.01 0.14 -0.14

Thistle Resources Quarterly Data
Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.01 0.00 0.00 -0.03
TRCGF
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Thistle Resources Inc TRCGF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Thistle 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.03 Mil mean?
Thistle Resources (TRCGF) has a Change In Receivables of $-0.03 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Thistle Resources and its competitors.
Is Thistle Resources' Change In Receivables too high?
Thistle Resources' current Change In Receivables is $-0.03 Mil. Overall, Thistle Resources has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Thistle Resources' Change In Receivables compare to ?
Thistle Resources' Change In Receivables of $-0.03 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Thistle Resources and its competitors. Thistle Resources's current Change In Receivables is $-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thistle Resources stock overvalued right now?
Thistle Resources (TRCGF) has a current Change In Receivables of $-0.03 Mil. The current Change In Receivables is $-0.03 Mil. Thistle Resources' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Thistle Resources (TRCGF), the current Change In Receivables is $-0.03 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thistle Resources Business Description

Comparable Companies
Other Exchanges TRCG:Canada
Address 77 King Street West, Suite 3000, TD Centre North Tower, Toronto, ON, CAN, M5K 1G8
Thistle Resources Inc is engaged in base and precious metal exploration in the Bathurst Mining Camp, New Brunswick, and the Cape Breton Highlands Region, Nova Scotia. The company wholly-owns the following mineral exploration projects: Middle River Gold Project; Middle River VMS Project; Celtic Highlands Project and Alba Forks Project. It has acquired the option to purchase the mineral claims associated with the Brunswick Gold-Silver Project.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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