Goldshore Resources (TSXV:GSHR) Change In Receivables : C$0.78 Mil (TTM As of Sep. 2023)

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What is Goldshore Resources Change In Receivables?

Goldshore Resources's change in receivables for the quarter that ended in Sep. 2023 was C$0.00 Mil. It means Goldshore Resources's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Goldshore Resources's change in receivables for the fiscal year that ended in Mar. 2023 was C$0.70 Mil. It means Goldshore Resources's Accounts Receivable declined by C$0.70 Mil from Mar. 2022 to Mar. 2023 .

Goldshore Resources's Accounts Receivable for the quarter that ended in Sep. 2023 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. Goldshore Resources's liquidation value for the three months ended in Sep. 2023 was C$-10.50 Mil.

Goldshore Resources Change In Receivables Historical Data

The historical data trend for Goldshore 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.

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Goldshore Resources Change In Receivables Chart

Goldshore Resources Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

0.01

-1.24

0.70

Goldshore Resources Quarterly Data
	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial							1.26	-0.61	0.66	-	0.12

Goldshore 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.78 Mil.

Goldshore Resources (TSXV:GSHR) 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.

Goldshore Resources's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

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

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

Goldshore Resources's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.818	-	13.313	+	0.75 * 0	+	0.5 * 0
=	-10.50

Goldshore Resources Change In Receivables Related Terms

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Goldshore Resources (TSXV:GSHR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldshore Resources Inc (TSXV:GSHR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GSHRF:USA 8X00:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.goldshoreresources.com

Goldshore Resources Inc is a Canadian company engaged into the business of gold exploration. It's main operating segment is in Canada. The company owns the Moss Lake Gold Project located in Ontario.

Executives

Peter Alan Flindell

Senior Officer

Goldshore Resources (TSXV:GSHR) Headlines

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