Franco-Nevada (Franco-Nevada) Change In Receivables : $25 Mil (TTM As of Dec. 2023)

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What is Franco-Nevada Change In Receivables?

Franco-Nevada's change in receivables for the quarter that ended in Dec. 2023 was $24 Mil. It means Franco-Nevada's Accounts Receivable declined by $24 Mil from Sep. 2023 to Dec. 2023 .

Franco-Nevada's change in receivables for the fiscal year that ended in Dec. 2023 was $25 Mil. It means Franco-Nevada's Accounts Receivable declined by $25 Mil from Dec. 2022 to Dec. 2023 .

Franco-Nevada's Accounts Receivable for the quarter that ended in Dec. 2023 was $111 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. Franco-Nevada's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Franco-Nevada's liquidation value for the three months ended in Dec. 2023 was $1,280 Mil.

Franco-Nevada Change In Receivables Historical Data

The historical data trend for Franco-Nevada'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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Franco-Nevada Change In Receivables Chart

Franco-Nevada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.30

4.40

-26.40

-15.90

24.70

Franco-Nevada 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															14.30	-16.10	7.40	9.60	23.80

Franco-Nevada 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 $25 Mil.

Franco-Nevada (NYSE:FNV) 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.

Franco-Nevada's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	111	/	303.3	*	91
=	33.40

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

Franco-Nevada'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)
=	1421.9	-	225	+	0.75 * 111	+	0.5 * 0.5
=	1,280

Franco-Nevada Change In Receivables Related Terms

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Franco-Nevada (Franco-Nevada) Business Description

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Comparable Companies

Traded in Other Exchanges

FNV:Mexico 3FO:Germany 3FO:Germany FNV:Canada F2NV34:Brazil

Address

199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9

Website

https://www.franco-nevada.com

Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.