Nexa Resources (Nexa Resources) Change In Receivables : $-45 Mil (TTM As of Mar. 2024)

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What is Nexa Resources Change In Receivables?

Nexa Resources's change in receivables for the quarter that ended in Mar. 2024 was $-44 Mil. It means Nexa Resources's Accounts Receivable increased by $44 Mil from Dec. 2023 to Mar. 2024 .

Nexa Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $58 Mil. It means Nexa Resources's Accounts Receivable declined by $58 Mil from Dec. 2022 to Dec. 2023 .

Nexa Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was $174 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. Nexa Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nexa Resources's liquidation value for the three months ended in Mar. 2024 was $-2,661 Mil.

Nexa Resources Change In Receivables Historical Data

The historical data trend for Nexa 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.

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Nexa Resources Change In Receivables Chart

Nexa Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.63

-68.90

-54.68

-29.22

58.07

Nexa Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															48.38	41.66	-23.76	-18.39	-44.03

Nexa 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-45 Mil.

Nexa Resources (NYSE:NEXA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	173.686	/	579.782	*	91
=	27.34

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

Nexa Resources's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	324.283	-	3291.083	+	0.75 * 173.686	+	0.5 * 351.284
=	-2,661

Nexa Resources Change In Receivables Related Terms

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Nexa Resources (Nexa Resources) Business Description

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Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.nexaresources.com

Nexa Resources SA is a low-cost integrated zinc producer. It produces copper, lead, silver, and gold as byproducts. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and lead concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.