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Golden Metal Resources (Golden Metal Resources) Change In Receivables : $-0.20 Mil (TTM As of Dec. 2023)


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What is Golden Metal Resources Change In Receivables?

Golden Metal Resources's change in receivables for the quarter that ended in Dec. 2023 was $0.09 Mil. It means Golden Metal Resources's Accounts Receivable declined by $0.09 Mil from Jun. 2023 to Dec. 2023 .

Golden Metal Resources's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.13 Mil. It means Golden Metal Resources's Accounts Receivable increased by $0.13 Mil from Jun. 2022 to Jun. 2023 .

Golden Metal Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was $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. Golden Metal Resources's liquidation value for the six months ended in Dec. 2023 was $0.52 Mil.

Golden Metal Resources Change In Receivables Historical Data

The historical data trend for Golden Metal Resources'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.

Golden Metal Resources Change In Receivables Chart

Golden Metal Resources Annual Data
Trend Jun22 Jun23
Change In Receivables
- -0.13

Golden Metal Resources Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Change In Receivables -1.79 0.17 -0.29 0.09

Golden Metal Resources 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.20 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.

Golden Metal Resources  (OTCPK:GMTLF) 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.

Golden Metal Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

Golden Metal Resources'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)
=0.759-0.239+0.75 * 0+0.5 * 0
=0.52

* 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.

Golden Metal Resources Change In Receivables Related Terms

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Golden Metal Resources (Golden Metal Resources) Business Description

Industry
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Traded in Other Exchanges
GMET:UK
Address
201 Temple Chambers, 3-7 Temple Avenue, London, GBR, EC4Y 0DT
Website
https://www.goldenmetalresources.com
Golden Metal Resources PLC is a London-based precious and strategic metals exploration company which controls interests in four prospective projects in mining friendly Nevada. The company's primary project portfolio comprise Pilot Mountain Project, Golconda Summit Project, Kibby Basin Project, Garfield Project, and Stonewall Project.