GBARF (Monarch Mining) Change In Receivables : $1.33 Mil (TTM As of Sep. 2023)

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What is Monarch Mining Change In Receivables?

Monarch Mining's change in receivables for the quarter that ended in Sep. 2023 was $0.03 Mil. It means Monarch Mining's Accounts Receivable declined by $0.03 Mil from Jun. 2023 to Sep. 2023 .

Monarch Mining's change in receivables for the fiscal year that ended in Jun. 2023 was $1.65 Mil. It means Monarch Mining's Accounts Receivable declined by $1.65 Mil from Jun. 2022 to Jun. 2023 .

Monarch Mining's Accounts Receivable for the quarter that ended in Sep. 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. Monarch Mining's liquidation value for the three months ended in Sep. 2023 was $-23.19 Mil.

Monarch Mining Change In Receivables Historical Data

The historical data trend for Monarch Mining'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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Monarch Mining Change In Receivables Chart

Monarch Mining Annual Data

Trend

Jun21

Jun22

Jun23

Change In Receivables

2.25

1.65

Monarch Mining Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial								0.32	1.16	0.04	0.10	0.03

Monarch Mining 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.33 Mil.

Monarch Mining (OTCPK:GBARF) 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.

Monarch Mining's Days Sales Outstanding for the quarter that ended in Sep. 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, Monarch Mining's accounts receivable are only considered to be worth 75% of book value:

Monarch Mining's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.439	-	23.826	+	0.75 * 0	+	0.5 * 0.402
=	-23.19

Monarch Mining Change In Receivables Related Terms

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Monarch Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Monarch Mining Corp (OTCPK:GBARF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

68, Avenue de la Gare, Bureau 205, Saint-Saveur, QC, CAN, J0R 1R0

Website

https://www.monarchmining.com

Monarch Mining Corp is a fully integrated mining company that owns around four projects, including the Beaufor Mine. Its other assets include the Croinor Gold, Beacon property and mill, McKenzie Break and Swanson properties, all located near Monarch's wholly-owned 750 tpd Mill. The company is mainly focused on gold projects.