Big Gold (XCNQ:BG) Change In Receivables : C$0.04 Mil (TTM As of Mar. 2024)

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What is Big Gold Change In Receivables?

Big Gold's change in receivables for the quarter that ended in Mar. 2024 was C$-0.01 Mil. It means Big Gold's Accounts Receivable increased by C$0.01 Mil from Dec. 2023 to Mar. 2024 .

Big Gold's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.04 Mil. It means Big Gold's Accounts Receivable declined by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

Big Gold's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.03 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. Big Gold's liquidation value for the three months ended in Mar. 2024 was C$0.02 Mil.

Big Gold Change In Receivables Historical Data

The historical data trend for Big Gold'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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Big Gold Change In Receivables Chart

Big Gold Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.01

-0.06

0.04

Big Gold Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial						-0.01	0.05	-0.05	0.05	-0.01

Big Gold 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.

Big Gold (XCNQ:BG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.03	/	0	*	91
=

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

Big Gold'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)
=	0.075	-	0.08	+	0.75 * 0.03	+	0.5 * 0
=	0.02

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Big Gold (XCNQ:BG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Big Gold Inc (XCNQ:BG) » Definitions » Change In Receivables

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Traded in Other Exchanges

H7L:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.biggold.ca

Big Gold Inc is a mineral exploration and development company focused on the acquisition and exploration of mineral properties. The company's primary focus is the exploration and development of the Martin Kenty project located in Kenora, Ontario in the Rainy River mining district.