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Cassiar Gold (TSXV:GLDC) Change In Receivables : C$0.11 Mil (TTM As of Jun. 2024)


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What is Cassiar Gold Change In Receivables?

Cassiar Gold's change in receivables for the quarter that ended in Jun. 2024 was C$-0.04 Mil. It means Cassiar Gold's Accounts Receivable increased by C$0.04 Mil from Mar. 2024 to Jun. 2024 .

Cassiar Gold's change in receivables for the fiscal year that ended in Sep. 2022 was C$-0.26 Mil. It means Cassiar Gold's Accounts Receivable increased by C$0.26 Mil from Sep. 2021 to Sep. 2022 .

Cassiar Gold's Accounts Receivable for the quarter that ended in Jun. 2024 was C$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. Cassiar Gold's liquidation value for the three months ended in Jun. 2024 was C$3.07 Mil.

Cassiar Gold Change In Receivables Historical Data

The historical data trend for Cassiar 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.

* Premium members only.

Cassiar Gold Change In Receivables Chart

Cassiar Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.02 -0.08 -0.04 -0.26

Cassiar Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 -0.03 -0.02 0.18 -0.04 -0.04

Cassiar 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.11 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.

Cassiar Gold  (TSXV:GLDC) 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.

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

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

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7.793-4.725+0.75 * 0+0.5 * 0
=3.07

* 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.

Cassiar Gold Change In Receivables Related Terms

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Cassiar Gold Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cassiar Gold Corp (TSXV:GLDC) » Definitions » Change In Receivables
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Traded in Other Exchanges
CGLCF:USA 756:Germany
Address
850 - 2nd Street SW, 15th Floor, Bankers Court, Calgary, AB, CAN, T2P 0R8
Website
https://www.cassiargold.com
Cassiar Gold Corp is engaged in the exploration of gold in British Columbia, Canada. The company is focused on two assets, the Cassiar Gold Project and the Sheep Creek Gold District. The Cassiar Gold project is an orogenic gold property located in the Cassiar Mining District of northern British Columbia. The project has upside potential for both bulk-tonnage resources in the Cassiar North area and high-grade gold targets in the Cassiar South area.