Trident Royalties (LSE:TRR) Change In Receivables : £0.06 Mil (TTM As of Dec. 2023)

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What is Trident Royalties Change In Receivables?

Trident Royalties's change in receivables for the quarter that ended in Dec. 2023 was £-2.60 Mil. It means Trident Royalties's Accounts Receivable increased by £2.60 Mil from Jun. 2023 to Dec. 2023 .

Trident Royalties's change in receivables for the fiscal year that ended in Dec. 2023 was £0.05 Mil. It means Trident Royalties's Accounts Receivable declined by £0.05 Mil from Dec. 2022 to Dec. 2023 .

Trident Royalties's Accounts Receivable for the quarter that ended in Dec. 2023 was £7.32 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. Trident Royalties's Days Sales Outstanding for the six months ended in Dec. 2023 was 338.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trident Royalties's liquidation value for the six months ended in Dec. 2023 was £-24.12 Mil.

Trident Royalties Change In Receivables Historical Data

The historical data trend for Trident Royalties'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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Trident Royalties Change In Receivables Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.01

-0.53

-0.15

-7.43

0.05

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-0.22	-0.12	-7.31	2.65	-2.60

Trident Royalties 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 semi-annually data reported by the company within the most recent 12 months, which was £0.06 Mil.

Trident Royalties (LSE:TRR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.323	/	3.952	*	91
=	338.17

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

Trident Royalties'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)
=	2.566	-	32.183	+	0.75 * 7.323	+	0.5 * 0
=	-24.12

Trident Royalties Change In Receivables Related Terms

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Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » Change In Receivables

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TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.