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China Nonferrous Mining (STU:3N4) Change In Receivables : €0 Mil (TTM As of Dec. 2023)


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What is China Nonferrous Mining Change In Receivables?

China Nonferrous Mining's change in receivables for the quarter that ended in Dec. 2023 was €0 Mil. It means China Nonferrous Mining's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

China Nonferrous Mining's change in receivables for the fiscal year that ended in Dec. 2023 was €-13 Mil. It means China Nonferrous Mining's Accounts Receivable increased by €13 Mil from Dec. 2022 to Dec. 2023 .

China Nonferrous Mining's Accounts Receivable for the quarter that ended in Dec. 2023 was €383 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. China Nonferrous Mining's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Nonferrous Mining's liquidation value for the six months ended in Dec. 2023 was €12 Mil.


China Nonferrous Mining Change In Receivables Historical Data

The historical data trend for China Nonferrous 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.

* Premium members only.

China Nonferrous Mining Change In Receivables Chart

China Nonferrous Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -57.89 81.58 -218.90 -49.08 -13.34

China Nonferrous Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - -

China Nonferrous 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 semi-annually data reported by the company within the most recent 12 months, which was €0 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.


China Nonferrous Mining  (STU:3N4) 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.

China Nonferrous 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
=382.918/1616.344*91
=43.23

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

China Nonferrous 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)
=552.368-1222.278+0.75 * 382.918+0.5 * 789.786
=12

* 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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China Nonferrous Mining (STU:3N4) Business Description

Traded in Other Exchanges
Address
32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.

China Nonferrous Mining (STU:3N4) Headlines

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