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Allied Gold (TSX:AAUC) Change In Receivables : C$-3.1 Mil (TTM As of Mar. 2024)


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What is Allied Gold Change In Receivables?

Allied Gold's change in receivables for the quarter that ended in Mar. 2024 was C$2.1 Mil. It means Allied Gold's Accounts Receivable declined by C$2.1 Mil from Dec. 2023 to Mar. 2024 .

Allied Gold's change in receivables for the fiscal year that ended in Dec. 2023 was C$2.5 Mil. It means Allied Gold's Accounts Receivable declined by C$2.5 Mil from Dec. 2022 to Dec. 2023 .

Allied Gold's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.0 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. Allied Gold's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Allied Gold's liquidation value for the three months ended in Mar. 2024 was C$-514.8 Mil.

Allied Gold Change In Receivables Historical Data

The historical data trend for Allied Gold'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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Allied Gold Change In Receivables Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Change In Receivables
-30.20 2.48

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial -6.69 -1.48 2.00 -7.18 2.08

Allied Gold 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.1 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.

Allied Gold  (TSX:AAUC) 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.

Allied Gold's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/236.971*91
=0.00

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

Allied Gold's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=169.699-742.463+0.75 * 0+0.5 * 116.008
=-514.8

* 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.

Allied Gold Change In Receivables Related Terms

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Allied Gold (TSX:AAUC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Change In Receivables
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Traded in Other Exchanges
AAUCF:USA
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

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