Mink Ventures (TSXV:MINK) Change In Receivables : C$0.06 Mil (TTM As of Mar. 2024)

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What is Mink Ventures Change In Receivables?

Mink Ventures's change in receivables for the quarter that ended in Mar. 2024 was C$0.08 Mil. It means Mink Ventures's Accounts Receivable declined by C$0.08 Mil from Dec. 2023 to Mar. 2024 .

Mink Ventures's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.09 Mil. It means Mink Ventures's Accounts Receivable increased by C$0.09 Mil from Dec. 2022 to Dec. 2023 .

Mink Ventures's Accounts Receivable for the quarter that ended in Mar. 2024 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. Mink Ventures's liquidation value for the three months ended in Mar. 2024 was C$0.14 Mil.

Mink Ventures Change In Receivables Historical Data

The historical data trend for Mink Ventures'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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Mink Ventures Change In Receivables Chart

Mink Ventures Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.01

-0.09

Mink Ventures Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-0.06	-0.02	0.09	-0.09	0.08

Mink Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.06 Mil.

Mink Ventures (TSXV:MINK) 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.

Mink Ventures's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.023	/	0	*	91
=

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

Mink Ventures's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.166	-	0.045	+	0.75 * 0.023	+	0.5 * 0
=	0.14

Mink Ventures Change In Receivables Related Terms

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Mink Ventures (TSXV:MINK) Business Description

Industry

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Address

66 Wellington Street West, Suite 4100, Toronto, ON, CAN, M5K 1B7

Website

https://www.minkventures.com

Mink Ventures Corp is a Canadian mineral exploration company exploring battery metals (nickel, copper, cobalt) at its Montcalm project. The principal business of the company is the acquisition, exploration and development of mineral property interests in Canada.

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