Inter-Rock Minerals (TSXV:IRO) Change In Receivables : C$-2.0 Mil (TTM As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is Inter-Rock Minerals Change In Receivables?

Inter-Rock Minerals's change in receivables for the quarter that ended in Jun. 2024 was C$2.3 Mil. It means Inter-Rock Minerals's Accounts Receivable declined by C$2.3 Mil from Mar. 2024 to Jun. 2024 .

Inter-Rock Minerals's change in receivables for the fiscal year that ended in Dec. 2023 was C$-5.3 Mil. It means Inter-Rock Minerals's Accounts Receivable increased by C$5.3 Mil from Dec. 2022 to Dec. 2023 .

Inter-Rock Minerals's Accounts Receivable for the quarter that ended in Jun. 2024 was C$12.5 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. Inter-Rock Minerals's Days Sales Outstanding for the three months ended in Jun. 2024 was 33.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Inter-Rock Minerals's liquidation value for the three months ended in Jun. 2024 was C$-0.1 Mil.

Inter-Rock Minerals Change In Receivables Historical Data

The historical data trend for Inter-Rock Minerals'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.

Inter-Rock Minerals Change In Receivables Chart

Inter-Rock Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.98

-3.12

0.87

-5.61

-5.26

Inter-Rock Minerals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															1.09	0.14	-7.71	3.28	2.26

Inter-Rock Minerals 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$-2.0 Mil.

Inter-Rock Minerals (TSXV:IRO) 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.

Inter-Rock Minerals's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.532	/	34.065	*	91
=	33.57

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

Inter-Rock Minerals'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)
=	8.441	-	19.435	+	0.75 * 12.532	+	0.5 * 2.945
=	-0.1

Inter-Rock Minerals Change In Receivables Related Terms

Thank you for viewing the detailed overview of Inter-Rock Minerals's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Inter-Rock Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inter-Rock Minerals Inc (TSXV:IRO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

IRCKF:USA

Address

500-2 Toronto Street, Suite 500, 12th Floor, Toronto, ON, CAN, M5C 2B6

Website

http://www.interrockminerals.com

Inter-Rock Minerals Inc produces and markets dolomite for the animal feed, glass, roofing, and agricultural lime industries in the United States. It also markets and distributes specialty ingredients to the dairy feed industry. The company has two Business segments: MIN-AD and Papillon. Its Papillon segment accounts for the majority of the firm's revenue, which is a marketer and distributor of toll-manufactured premium dairy feed nutritional supplements. MIN-AD is engaged in the production and marketing of dolomite and clay, primarily to the animal feed industry in the United States.

Inter-Rock Minerals Headlines

No Headlines