Asia Resource Minerals (LSE:ARMS) Change In Receivables : £-16.8 Mil (TTM As of Dec. 2014)

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What is Asia Resource Minerals Change In Receivables?

Asia Resource Minerals's change in receivables for the quarter that ended in Dec. 2014 was £4.5 Mil. It means Asia Resource Minerals's Accounts Receivable declined by £4.5 Mil from Jun. 2014 to Dec. 2014 .

Asia Resource Minerals's change in receivables for the fiscal year that ended in Dec. 2014 was £-18.5 Mil. It means Asia Resource Minerals's Accounts Receivable increased by £18.5 Mil from Dec. 2013 to Dec. 2014 .

Asia Resource Minerals's Accounts Receivable for the quarter that ended in Dec. 2014 was £67.1 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. Asia Resource Minerals's Days Sales Outstanding for the six months ended in Dec. 2014 was 28.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Resource Minerals's liquidation value for the six months ended in Dec. 2014 was £-1,572.4 Mil.

Asia Resource Minerals Change In Receivables Historical Data

The historical data trend for Asia Resource 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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Asia Resource Minerals Change In Receivables Chart

Asia Resource Minerals Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Receivables

-35.95

-63.14

18.91

-18.53

Asia Resource Minerals Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Change In Receivables	Get a 7-Day Free Trial			-14.24	16.13	3.66	-21.28	4.47

Asia Resource 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.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-16.8 Mil.

Asia Resource Minerals (LSE:ARMS) 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.

Asia Resource Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	67.095	/	422.379	*	91
=	28.99

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

Asia Resource Minerals's liquidation value for the quarter that ended in Dec. 2014 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	238.347	-	1869.075	+	0.75 * 67.095	+	0.5 * 15.975
=	-1,572.4

Asia Resource Minerals Change In Receivables Related Terms

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Asia Resource Minerals (LSE:ARMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Asia Resource Minerals PLC (LSE:ARMS) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Website

http://www.asiarmplc.com

Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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