Tolu Minerals (ASX:TOK) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Tolu Minerals Change In Receivables?

Tolu Minerals's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Tolu Minerals's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Tolu Minerals's change in receivables for the fiscal year that ended in Dec. 2023 was A$0.00 Mil. It means Tolu Minerals's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Tolu Minerals's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.26 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. Tolu Minerals's liquidation value for the six months ended in Dec. 2023 was A$6.28 Mil.

Tolu Minerals Change In Receivables Historical Data

The historical data trend for Tolu Minerals'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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Tolu Minerals Change In Receivables Chart

Tolu Minerals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Tolu Minerals Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Change In Receivables	-	-	-	-

Tolu Minerals 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 Mil.

Tolu Minerals (ASX:TOK) 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.

Tolu Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.261	/	0	*	91
=

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

Tolu Minerals's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.617	-	6.537	+	0.75 * 0.261	+	0.5 * 0
=	6.28

Tolu Minerals Change In Receivables Related Terms

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Tolu Minerals (ASX:TOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tolu Minerals Ltd (ASX:TOK) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Unit 5, Ground Floor, Turumu Haus, Spring Garden, Gordons, Moresby North East, Port Moresby, PNG, 121

Website

https://www.toluminerals.com

Tolu Minerals Ltd is an emerging exploration company with rights to three significant gold and silver and copper resource opportunities in PNG. Its projects include the Tolukuma Gold Mine, the Tolukuma Gold Mine, and the Mt Penck Tenement.