Equinox Gold (TSX:EQX) Change In Receivables : C$-37 Mil (TTM As of Dec. 2023)

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What is Equinox Gold Change In Receivables?

Equinox Gold's change in receivables for the quarter that ended in Dec. 2023 was C$-21 Mil. It means Equinox Gold's Accounts Receivable increased by C$21 Mil from Sep. 2023 to Dec. 2023 .

Equinox Gold's change in receivables for the fiscal year that ended in Dec. 2023 was C$-36 Mil. It means Equinox Gold's Accounts Receivable increased by C$36 Mil from Dec. 2022 to Dec. 2023 .

Equinox Gold's Accounts Receivable for the quarter that ended in Dec. 2023 was C$13 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. Equinox Gold's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Equinox Gold's liquidation value for the three months ended in Dec. 2023 was C$-1,891 Mil.

Equinox Gold Change In Receivables Historical Data

The historical data trend for Equinox 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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Equinox Gold Change In Receivables Chart

Equinox Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.53

0.20

-4.88

-19.58

-36.35

Equinox Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-26.74	2.62	6.02	-23.95	-21.26

Equinox 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-37 Mil.

Equinox Gold (TSX:EQX) 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.

Equinox Gold's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.303	/	399.516	*	91
=	3.04

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

Equinox Gold's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	381.901	-	2559.66	+	0.75 * 13.303	+	0.5 * 552.746
=	-1,891

Equinox Gold Change In Receivables Related Terms

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Equinox Gold (TSX:EQX) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Equinox Gold Corp (TSX:EQX) » Definitions » Change In Receivables

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Traded in Other Exchanges

EQX:USA 1LRC:Germany

Address

700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8

Website

https://www.equinoxgold.com

Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.