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Excelsior Mining (TSX:MIN) Change In Receivables : C$0.30 Mil (TTM As of Mar. 2024)


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What is Excelsior Mining Change In Receivables?

Excelsior Mining's change in receivables for the quarter that ended in Mar. 2024 was C$0.02 Mil. It means Excelsior Mining's Accounts Receivable declined by C$0.02 Mil from Dec. 2023 to Mar. 2024 .

Excelsior Mining's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.02 Mil. It means Excelsior Mining's Accounts Receivable declined by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Excelsior Mining's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.15 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. Excelsior Mining's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Excelsior Mining's liquidation value for the three months ended in Mar. 2024 was C$-203.50 Mil.


Excelsior Mining Change In Receivables Historical Data

The historical data trend for Excelsior 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.

Excelsior Mining Change In Receivables Chart

Excelsior 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 -0.47 -0.20 0.45 0.38 0.02

Excelsior Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.26 -0.43 0.80 -0.09 0.02

Excelsior 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.30 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.


Excelsior Mining  (TSX:MIN) 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.

Excelsior Mining's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.15/0.459*91
=29.82

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

Excelsior Mining's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.916-209.57+0.75 * 0.15+0.5 * 2.091
=-203.50

* 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.


Excelsior Mining Change In Receivables Related Terms

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Excelsior Mining (TSX:MIN) Business Description

Traded in Other Exchanges
Address
2999 North 44th Street, Suite 300, Concord Place, Phoenix, AZ, USA, 85018
Excelsior Mining Corp is a Canada-based company which is engaged in exploration and development of copper. The firm's primary project is Gunnison Project and it operates through segments acquisition, exploration, and evaluation of mineral properties in North America. The Company's revenue majorly consists of the sales of copper cathode. It operates in one reportable operating segment in North America. The Company's property, plant and equipment is all in the United States.
Executives
Sheila Margaret Paine Senior Officer