Rochester Resources (TSXV:RCT) Change In Receivables : C$-0.39 Mil (TTM As of Feb. 2024)

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What is Rochester Resources Change In Receivables?

Rochester Resources's change in receivables for the quarter that ended in Feb. 2024 was C$4.28 Mil. It means Rochester Resources's Accounts Receivable declined by C$4.28 Mil from Nov. 2023 to Feb. 2024 .

Rochester Resources's change in receivables for the fiscal year that ended in May. 2023 was C$-0.71 Mil. It means Rochester Resources's Accounts Receivable increased by C$0.71 Mil from May. 2022 to May. 2023 .

Rochester Resources's Accounts Receivable for the quarter that ended in Feb. 2024 was C$1.35 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. Rochester Resources's Days Sales Outstanding for the three months ended in Feb. 2024 was 54.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rochester Resources's liquidation value for the three months ended in Feb. 2024 was C$-36.15 Mil.

Rochester Resources Change In Receivables Historical Data

The historical data trend for Rochester 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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Rochester Resources Change In Receivables Chart

Rochester Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

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0.84

-0.07

-0.90

-0.25

-0.71

Rochester Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															0.09	-0.66	-0.63	-3.38	4.28

Rochester 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.39 Mil.

Rochester Resources (TSXV:RCT) 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.

Rochester Resources's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.354	/	2.288	*	91
=	54.00

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

Rochester Resources's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.561	-	38.082	+	0.75 * 1.354	+	0.5 * 0.703
=	-36.15

Rochester Resources Change In Receivables Related Terms

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Rochester Resources (TSXV:RCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rochester Resources Ltd (TSXV:RCT) » Definitions » Change In Receivables

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RCTFF:USA

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

http://www.rochesterresources.com

Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds 100% interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.

Executives

Jose Manuel Silva

Senior Officer

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