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Taseko Mines (Taseko Mines) Accounts Receivable : $9.8 Mil (As of Mar. 2024)


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What is Taseko Mines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Taseko Mines's accounts receivables for the quarter that ended in Mar. 2024 was $9.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Taseko Mines's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 8.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Taseko Mines's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-2.88.


Taseko Mines Accounts Receivable Historical Data

The historical data trend for Taseko Mines's Accounts Receivable 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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Taseko Mines Accounts Receivable Chart

Taseko Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.52 3.65 4.58 8.39 8.23

Taseko Mines Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 11.71 3.72 10.14 8.23 9.82

Taseko Mines Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Taseko Mines Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.823/108.56*91
=8.26

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Taseko Mines's accounts receivable are only considered to be worth 75% of book value:

Taseko Mines's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(117.508+0.75 * 9.823+0.5 * 103.874-1012.716
-0-0)/290.706
=-2.88

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Taseko Mines Accounts Receivable Related Terms

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Taseko Mines (Taseko Mines) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 12th Floor, Vancouver, BC, CAN, V6E 4H1
Taseko Mines Ltd is a Canadian mining company. It is principally engaged in the production and sale of metals, as well as related activities, including exploration and mine development, within the province of British Columbia, Canada, and the State of Arizona, the United States. The Gibraltar, Aley, New Prosperity, and Harmony properties are located in British Columbia whereas Florence copper is in central Arizona.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111