Lundin Mining (TSX:LUN) Change In Receivables : C$5 Mil (TTM As of Dec. 2023)

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What is Lundin Mining Change In Receivables?

Lundin Mining's change in receivables for the quarter that ended in Dec. 2023 was C$-163 Mil. It means Lundin Mining's Accounts Receivable increased by C$163 Mil from Sep. 2023 to Dec. 2023 .

Lundin Mining's change in receivables for the fiscal year that ended in Dec. 2023 was C$5 Mil. It means Lundin Mining's Accounts Receivable declined by C$5 Mil from Dec. 2022 to Dec. 2023 .

Lundin Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was C$864 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. Lundin Mining's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lundin Mining's liquidation value for the three months ended in Dec. 2023 was C$-4,550 Mil.

Lundin Mining Change In Receivables Historical Data

The historical data trend for Lundin 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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Lundin Mining Change In Receivables Chart

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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51.78

-101.09

-346.10

-71.35

5.41

Lundin Mining 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															-121.91	-19.39	95.50	91.60	-162.83

Lundin 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$5 Mil.

Lundin Mining (TSX:LUN) 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.

Lundin Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	863.617	/	1422.105	*	91
=	55.41

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

Lundin Mining'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)
=	360.613	-	5960.835	+	0.75 * 863.617	+	0.5 * 804.164
=	-4,550

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Lundin Mining (TSX:LUN) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Change In Receivables

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Traded in Other Exchanges

LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

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