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Magnum Goldcorp (TSXV:MGI) Change In Receivables : C$0.00 Mil (TTM As of Feb. 2024)


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What is Magnum Goldcorp Change In Receivables?

Magnum Goldcorp's change in receivables for the quarter that ended in Feb. 2024 was C$0.00 Mil. It means Magnum Goldcorp's Accounts Receivable declined by C$0.00 Mil from Nov. 2023 to Feb. 2024 .

Magnum Goldcorp's change in receivables for the fiscal year that ended in May. 2023 was C$0.01 Mil. It means Magnum Goldcorp's Accounts Receivable declined by C$0.01 Mil from May. 2022 to May. 2023 .

Magnum Goldcorp's Accounts Receivable for the quarter that ended in Feb. 2024 was C$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. Magnum Goldcorp's liquidation value for the three months ended in Feb. 2024 was C$-0.14 Mil.


Magnum Goldcorp Change In Receivables Historical Data

The historical data trend for Magnum Goldcorp'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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Magnum Goldcorp Change In Receivables Chart

Magnum Goldcorp Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 0.01

Magnum Goldcorp Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Change In Receivables 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 - - - - -

Magnum Goldcorp 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Magnum Goldcorp  (TSXV:MGI) 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.

Magnum Goldcorp's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0*91
=

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

Magnum Goldcorp's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.001-0.138+0.75 * 0.001+0.5 * 0
=-0.14

* 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.


Magnum Goldcorp Change In Receivables Related Terms

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Magnum Goldcorp (TSXV:MGI) Business Description

Traded in Other Exchanges
Address
2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1
Magnum Goldcorp Inc is mainly engaged in the acquisition and exploration of mineral resource properties. The company holds an interest in LH Gold property located in the Slocan Mining Division of Southeastern British Columbia.
Executives
International Bethlehem Mining Corp. 10% Security Holder

Magnum Goldcorp (TSXV:MGI) Headlines