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West Mining (XCNQ:WEST) Change In Receivables : C$0.02 Mil (TTM As of Jan. 2025)


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What is West Mining Change In Receivables?

West Mining's change in receivables for the quarter that ended in Jan. 2025 was C$0.03 Mil. It means West Mining's Accounts Receivable declined by C$0.03 Mil from Oct. 2024 to Jan. 2025 .

West Mining's change in receivables for the fiscal year that ended in Oct. 2024 was C$-0.02 Mil. It means West Mining's Accounts Receivable increased by C$0.02 Mil from Oct. 2023 to Oct. 2024 .

West Mining's Accounts Receivable for the quarter that ended in Jan. 2025 was C$0.01 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. West Mining's liquidation value for the three months ended in Jan. 2025 was C$-0.27 Mil.


West Mining Change In Receivables Historical Data

The historical data trend for West Mining'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.

West Mining Change In Receivables Chart

West Mining Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Change In Receivables
Get a 7-Day Free Trial -0.01 -0.14 0.06 0.06 -0.02

West Mining Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.01 -0.02 0.01 0.03

West Mining 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

* 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.


West Mining  (XCNQ:WEST) 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.

West Mining's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.009/0*91
=

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

West Mining's liquidation value for the quarter that ended in Jan. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.02-0.299+0.75 * 0.009+0.5 * 0
=-0.27

* 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.


West Mining Change In Receivables Related Terms

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West Mining Business Description

Traded in Other Exchanges
Address
1011 West Cordova Street, Suite 4204, Vancouver, BC, CAN, V6C 0B2
West Mining Corp is a mineral exploration company engaged in the identification, acquisition, and exploration of mineral properties. The company is focused on its Kena gold projects in the Nelson Mining Division of south eastern British Columbia, its Spanish Mountain West and Junker gold projects located in northern British Columbia, and its BLUE COVE project located at the head of Fortune Bay, in southeast Newfoundland.
Executives
Nicholas John Houghton Director
Abbey Abdiye Senior Officer
Andrew Lee Smith Director