Minas Metals (XCNQ:MINA) Change In Receivables : C$-0.08 Mil (TTM As of Oct. 2023)

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What is Minas Metals Change In Receivables?

Minas Metals's change in receivables for the quarter that ended in Oct. 2023 was C$-0.02 Mil. It means Minas Metals's Accounts Receivable increased by C$0.02 Mil from Jul. 2023 to Oct. 2023 .

Minas Metals's change in receivables for the fiscal year that ended in Jan. 2023 was C$-0.02 Mil. It means Minas Metals's Accounts Receivable increased by C$0.02 Mil from Jan. 2022 to Jan. 2023 .

Minas Metals's Accounts Receivable for the quarter that ended in Oct. 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. Minas Metals's liquidation value for the three months ended in Oct. 2023 was C$-0.37 Mil.

Minas Metals Change In Receivables Historical Data

The historical data trend for Minas Metals'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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Minas Metals Change In Receivables Chart

Minas Metals Annual Data

Trend

Jan22

Jan23

Change In Receivables

-0.02

Minas Metals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Change In Receivables	Get a 7-Day Free Trial						0.04	-0.05	-0.01	-	-0.02

Minas Metals 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 Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.08 Mil.

Minas Metals (XCNQ:MINA) 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.

Minas Metals's Days Sales Outstanding for the quarter that ended in Oct. 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, Minas Metals's accounts receivable are only considered to be worth 75% of book value:

Minas Metals's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.02	-	0.387	+	0.75 * 0	+	0.5 * 0
=	-0.37

Minas Metals Change In Receivables Related Terms

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Minas Metals (XCNQ:MINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Minas Metals Ltd (XCNQ:MINA) » Definitions » Change In Receivables

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Traded in Other Exchanges

1J1:Germany

Address

1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.minasmetals.ca

Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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