TMC The Metals Co (TMC The Metals Co) Change In Receivables : $0.75 Mil (TTM As of Dec. 2023)

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What is TMC The Metals Co Change In Receivables?

TMC The Metals Co's change in receivables for the quarter that ended in Dec. 2023 was $3.11 Mil. It means TMC The Metals Co's Accounts Receivable declined by $3.11 Mil from Sep. 2023 to Dec. 2023 .

TMC The Metals Co's change in receivables for the fiscal year that ended in Dec. 2023 was $0.75 Mil. It means TMC The Metals Co's Accounts Receivable declined by $0.75 Mil from Dec. 2022 to Dec. 2023 .

TMC The Metals Co's Accounts Receivable for the quarter that ended in Dec. 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. TMC The Metals Co's liquidation value for the three months ended in Dec. 2023 was $-51.14 Mil.

TMC The Metals Co Change In Receivables Historical Data

The historical data trend for TMC The Metals Co'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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TMC The Metals Co Change In Receivables Chart

TMC The Metals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.11

-3.48

0.96

0.75

TMC The Metals Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial									2.39	-0.47	1.59	-3.49	3.11

TMC The Metals Co 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 $0.75 Mil.

TMC The Metals Co (NAS:TMCWW) 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.

TMC The Metals Co's Days Sales Outstanding for the quarter that ended in Dec. 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, TMC The Metals Co's accounts receivable are only considered to be worth 75% of book value:

TMC The Metals Co'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)
=	6.842	-	57.978	+	0.75 * 0	+	0.5 * 0
=	-51.14

TMC The Metals Co Change In Receivables Related Terms

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TMC The Metals Co (TMC The Metals Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TMC The Metals Co Inc (NAS:TMCWW) » Definitions » Change In Receivables

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Traded in Other Exchanges

TMC:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.metals.co

TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone. Geographically, the company has its presence in Nauru, Singapore, Tonga and North America.