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Engineer Gold Mines (TSXV:EAU) Change In Receivables : C$0.02 Mil (TTM As of Feb. 2024)


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What is Engineer Gold Mines Change In Receivables?

Engineer Gold Mines's change in receivables for the quarter that ended in Feb. 2024 was C$0.02 Mil. It means Engineer Gold Mines's Accounts Receivable declined by C$0.02 Mil from Nov. 2023 to Feb. 2024 .

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

Engineer Gold Mines's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.01 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. Engineer Gold Mines's liquidation value for the three months ended in Feb. 2024 was C$-0.38 Mil.


Engineer Gold Mines Change In Receivables Historical Data

The historical data trend for Engineer Gold Mines'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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Engineer Gold Mines Change In Receivables Chart

Engineer Gold Mines Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Receivables
Get a 7-Day Free Trial -0.08 0.11 -0.01 0.01 -0.01

Engineer Gold Mines Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.01 0.01 -0.01 - 0.02

Engineer Gold Mines 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 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.


Engineer Gold Mines  (TSXV:EAU) 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.

Engineer Gold Mines's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.008/0*91
=

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

Engineer Gold Mines's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-0.385+0.75 * 0.008+0.5 * 0
=-0.38

* 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.


Engineer Gold Mines Change In Receivables Related Terms

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Engineer Gold Mines (TSXV:EAU) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 804, Vancouver, BC, CAN, V6C 2T7
Engineer Gold Mines Ltd is an exploration-stage junior mining company. The firm is engaged in exploring and developing Engineer gold mine property situated in British Colombia.
Executives
James Frances Gerard Callaghan 10% Security Holder

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