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Clear Gold Resources (TSXV:CFA.H) Change In Receivables : C$-0.01 Mil (TTM As of Mar. 2024)


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What is Clear Gold Resources Change In Receivables?

Clear Gold Resources's change in receivables for the quarter that ended in Mar. 2024 was C$-0.00 Mil. It means Clear Gold Resources's Accounts Receivable increased by C$0.00 Mil from Dec. 2023 to Mar. 2024 .

Clear Gold Resources's change in receivables for the fiscal year that ended in Jun. 2023 was C$-0.01 Mil. It means Clear Gold Resources's Accounts Receivable increased by C$0.01 Mil from Jun. 2022 to Jun. 2023 .

Clear Gold Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.03 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. Clear Gold Resources's liquidation value for the three months ended in Mar. 2024 was C$-2.20 Mil.


Clear Gold Resources Change In Receivables Historical Data

The historical data trend for Clear Gold 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.

Clear Gold Resources Change In Receivables Chart

Clear Gold Resources Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 -0.01 -0.01

Clear Gold Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Clear Gold 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 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.


Clear Gold Resources  (TSXV:CFA.H) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.031/0*91
=

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

Clear Gold Resources'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)
=0-2.22+0.75 * 0.031+0.5 * 0
=-2.20

* 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.


Clear Gold Resources Change In Receivables Related Terms

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Clear Gold Resources Business Description

Traded in Other Exchanges
N/A
Address
1066 Heywood Street, North Vancouver, Vancouver, BC, CAN, V7L 1H3
Website
Clear Gold Resources Inc has discontinued its operations in the exploration and evaluation of resource properties in Canada and ceased trading in September 2015.

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