Trans Canada Gold (TSXV:TTG) Change In Receivables : C$-0.07 Mil (TTM As of Mar. 2024)

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What is Trans Canada Gold Change In Receivables?

Trans Canada Gold's change in receivables for the quarter that ended in Mar. 2024 was C$0.07 Mil. It means Trans Canada Gold's Accounts Receivable declined by C$0.07 Mil from Dec. 2023 to Mar. 2024 .

Trans Canada Gold's change in receivables for the fiscal year that ended in Jun. 2023 was C$0.02 Mil. It means Trans Canada Gold's Accounts Receivable declined by C$0.02 Mil from Jun. 2022 to Jun. 2023 .

Trans Canada Gold's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.07 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. Trans Canada Gold's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trans Canada Gold's liquidation value for the three months ended in Mar. 2024 was C$-0.13 Mil.

Trans Canada Gold Change In Receivables Historical Data

The historical data trend for Trans Canada Gold'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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Trans Canada Gold Change In Receivables Chart

Trans Canada Gold Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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0.02

-0.01

-0.02

0.02

Trans Canada Gold 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															-	-	-	-0.13	0.07

Trans Canada Gold 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 C$-0.07 Mil.

Trans Canada Gold (TSXV:TTG) 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.

Trans Canada Gold's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.07	/	0.18	*	91
=	35.49

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

Trans Canada Gold'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)
=	0.082	-	0.264	+	0.75 * 0.07	+	0.5 * 0
=	-0.13

Trans Canada Gold Change In Receivables Related Terms

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Trans Canada Gold (TSXV:TTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trans Canada Gold Corp (TSXV:TTG) » Definitions » Change In Receivables

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RCTRF:USA

Address

750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8

Website

https://www.transcanadagold.com

Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production.

Executives

Daniel Scholefield

10% Security Holder

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