Surge Copper (TSXV:SURG) Change In Receivables : C$-0.01 Mil (TTM As of Dec. 2023)

View and export this data going back to 1966. Start your Free Trial

What is Surge Copper Change In Receivables?

Surge Copper's change in receivables for the quarter that ended in Dec. 2023 was C$-0.02 Mil. It means Surge Copper's Accounts Receivable increased by C$0.02 Mil from Sep. 2023 to Dec. 2023 .

Surge Copper's change in receivables for the fiscal year that ended in Mar. 2023 was C$0.31 Mil. It means Surge Copper's Accounts Receivable declined by C$0.31 Mil from Mar. 2022 to Mar. 2023 .

Surge Copper's Accounts Receivable for the quarter that ended in Dec. 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. Surge Copper's liquidation value for the three months ended in Dec. 2023 was C$-4.45 Mil.

Surge Copper Change In Receivables Historical Data

The historical data trend for Surge Copper'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.

Surge Copper Change In Receivables Chart

Surge Copper Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

0.16

-0.12

-0.21

0.31

Surge Copper 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															0.18	0.05	0.01	-0.05	-0.02

Surge Copper 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$-0.01 Mil.

Surge Copper (TSXV:SURG) 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.

Surge Copper'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	/	0	*	91
=

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

Surge Copper'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)
=	0.281	-	4.73	+	0.75 * 0	+	0.5 * 0
=	-4.45

Surge Copper Change In Receivables Related Terms

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

Surge Copper (TSXV:SURG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Surge Copper Corp (TSXV:SURG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SRGXF:USA G6D2:Germany

Address

888-700 West Georgia Street, PO Box 10351, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.surgecopper.com

Surge Copper Corp is engaged in the acquisition, exploration, and development of mineral properties hosting copper, gold, silver, and molybdenum prospects. The firm owns Ootsa Property, located in central British Columbia. The Company owns a 100% interest in the Ootsa Property, an exploration project containing the East Seel, West Seel, and Ox porphyry deposits located adjacent to the open pit Huckleberry Copper Mine, owned by Imperial Metals.

Executives

Christian Peter Kargl-simard

Director