Agnico Eagle Mines (Agnico Eagle Mines) Change In Receivables : $7 Mil (TTM As of Dec. 2023)

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What is Agnico Eagle Mines Change In Receivables?

Agnico Eagle Mines's change in receivables for the quarter that ended in Dec. 2023 was $-1 Mil. It means Agnico Eagle Mines's Accounts Receivable increased by $1 Mil from Sep. 2023 to Dec. 2023 .

Agnico Eagle Mines's change in receivables for the fiscal year that ended in Dec. 2023 was $7 Mil. It means Agnico Eagle Mines's Accounts Receivable declined by $7 Mil from Dec. 2022 to Dec. 2023 .

Agnico Eagle Mines's Accounts Receivable for the quarter that ended in Dec. 2023 was $8 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. Agnico Eagle Mines's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Agnico Eagle Mines's liquidation value for the three months ended in Dec. 2023 was $-8,198 Mil.

Agnico Eagle Mines Change In Receivables Historical Data

The historical data trend for Agnico Eagle Mines'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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Agnico Eagle Mines Change In Receivables Chart

Agnico Eagle Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.74

-3.55

-1.68

12.11

7.46

Agnico Eagle Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-2.43	8.40	-2.93	2.57	-0.58

Agnico Eagle Mines 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $7 Mil.

Agnico Eagle Mines (NYSE:AEM) 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.

Agnico Eagle Mines's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.148	/	1756.64	*	91
=	0.42

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

Agnico Eagle Mines's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	348.847	-	9262.034	+	0.75 * 8.148	+	0.5 * 1418.941
=	-8,198

Agnico Eagle Mines Change In Receivables Related Terms

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Agnico Eagle Mines (Agnico Eagle Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Agnico Eagle Mines Ltd (NYSE:AEM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AEM:Mexico AE9:Germany AE9:Germany AE9:Germany AEM:Canada AEM:Argentina

Address

145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7

Website

https://www.agnicoeagle.com

Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It produced more than 3.1 million gold ounces in 2022 and had about 15 years of gold reserves at end 2022. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.