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Kore Mining (TSXV:KORE) Change In Receivables : C$0.21 Mil (TTM As of Dec. 2023)


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What is Kore Mining Change In Receivables?

Kore Mining's change in receivables for the quarter that ended in Dec. 2023 was C$-0.00 Mil. It means Kore Mining's Accounts Receivable increased by C$0.00 Mil from Sep. 2023 to Dec. 2023 .

Kore Mining's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.21 Mil. It means Kore Mining's Accounts Receivable declined by C$0.21 Mil from Dec. 2022 to Dec. 2023 .

Kore Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.02 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. Kore Mining's liquidation value for the three months ended in Dec. 2023 was C$-0.81 Mil.


Kore Mining Change In Receivables Historical Data

The historical data trend for Kore Mining'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.

Kore Mining Change In Receivables Chart

Kore Mining Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 0.11 -0.09 -0.04 0.21

Kore Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.02 0.01 0.15 0.06 -

Kore Mining 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.21 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.


Kore Mining  (TSXV:KORE) 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.

Kore Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0*91
=

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

Kore Mining's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.022-0.841+0.75 * 0.016+0.5 * 0
=-0.81

* 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.


Kore Mining Change In Receivables Related Terms

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Kore Mining (TSXV:KORE) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 960, Vancouver, BC, CAN, V6B 0B8
Kore Mining Ltd is an exploration and development stage company. It is engaged in the acquisition, exploration, and development of exploration and evaluation properties in the United States and Canada. The company owns interests in the Imperial and Long Valley gold development projects, located in California, USA, as well as projects in British Columbia, Canada.
Executives
James Warwick Hynes Director, Senior Officer