American Copper Development (XCNQ:ACDX) Change In Receivables : C$0.04 Mil (TTM As of Mar. 2024)

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What is American Copper Development Change In Receivables?

American Copper Development's change in receivables for the quarter that ended in Mar. 2024 was C$0.04 Mil. It means American Copper Development's Accounts Receivable declined by C$0.04 Mil from Dec. 2023 to Mar. 2024 .

American Copper Development's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.00 Mil. It means American Copper Development's Accounts Receivable increased by C$0.00 Mil from Dec. 2022 to Dec. 2023 .

American Copper Development's Accounts Receivable for the quarter that ended in Mar. 2024 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. American Copper Development's liquidation value for the three months ended in Mar. 2024 was C$-3.82 Mil.

American Copper Development Change In Receivables Historical Data

The historical data trend for American Copper Development'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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American Copper Development Change In Receivables Chart

American Copper Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.01

-0.03

American Copper Development Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											-0.01	0.03	-0.01	-0.01	0.04

American Copper Development 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$0.04 Mil.

American Copper Development (XCNQ:ACDX) 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.

American Copper Development'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	/	0	*	91
=

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

American Copper Development'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)
=	1.331	-	5.151	+	0.75 * 0	+	0.5 * 0
=	-3.82

American Copper Development Change In Receivables Related Terms

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American Copper Development (XCNQ:ACDX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Copper Development Corp (XCNQ:ACDX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ACDXF:USA

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.american-copper.com

American Copper Development Corp is engaged in the process of acquiring and exploring exploration and evaluation assets in Canada. The company's principal asset is the Chuchi South and Lordsburg project which is involved in base and precious metals exploration.

Executives

Gerhard Daniel Schieber

Director, Senior Officer

American Copper Development (XCNQ:ACDX) Headlines

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