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Premier African Minerals (LSE:PREM) Change In Receivables : £0.00 Mil (TTM As of Jun. 2023)


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What is Premier African Minerals Change In Receivables?

Premier African Minerals's change in receivables for the quarter that ended in Jun. 2023 was £0.00 Mil. It means Premier African Minerals's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Premier African Minerals's change in receivables for the fiscal year that ended in Dec. 2022 was £0.17 Mil. It means Premier African Minerals's Accounts Receivable declined by £0.17 Mil from Dec. 2021 to Dec. 2022 .

Premier African Minerals's Accounts Receivable for the quarter that ended in Jun. 2023 was £0.58 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. Premier African Minerals's liquidation value for the six months ended in Jun. 2023 was £-29.63 Mil.


Premier African Minerals Change In Receivables Historical Data

The historical data trend for Premier African Minerals'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.

* Premium members only.

Premier African Minerals Change In Receivables Chart

Premier African Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.03 0.01 -0.29 0.17

Premier African Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Premier African Minerals 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

* 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.


Premier African Minerals  (LSE:PREM) 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.

Premier African Minerals's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.577/0*91
=

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

Premier African Minerals's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.183-30.658+0.75 * 0.577+0.5 * 0.823
=-29.63

* 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.


Premier African Minerals Change In Receivables Related Terms

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Premier African Minerals (LSE:PREM) Business Description

Traded in Other Exchanges
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG 1110
Premier African Minerals Ltd is a mining company that explores, evaluates, and develops mineral properties focused mainly on tungsten, lithium and tantalum, nickel, and rare earth elements in Africa. The company operates in three segments: RHA and RHA Mauritius, which is engaged in the development and mining of Wolframite; Zulu and Zulu Mauritius, which is engaged in the development of Lithium and Tantalite; and Head office.

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