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Skeena Resources (TSX:SKE) Change In Receivables : C$5.51 Mil (TTM As of Mar. 2024)


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What is Skeena Resources Change In Receivables?

Skeena Resources's change in receivables for the quarter that ended in Mar. 2024 was C$1.69 Mil. It means Skeena Resources's Accounts Receivable declined by C$1.69 Mil from Dec. 2023 to Mar. 2024 .

Skeena Resources's change in receivables for the fiscal year that ended in Dec. 2023 was C$3.36 Mil. It means Skeena Resources's Accounts Receivable declined by C$3.36 Mil from Dec. 2022 to Dec. 2023 .

Skeena Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was C$2.44 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. Skeena Resources's liquidation value for the three months ended in Mar. 2024 was C$-3.84 Mil.


Skeena Resources Change In Receivables Historical Data

The historical data trend for Skeena Resources'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.

Skeena Resources Change In Receivables Chart

Skeena Resources 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 1.40 -1.32 -4.45 1.78 3.36

Skeena Resources 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 -0.45 1.27 -0.23 2.78 1.69

Skeena Resources 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$5.51 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.


Skeena Resources  (TSX:SKE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.437/0*91
=

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

Skeena Resources'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)
=60.425-66.09+0.75 * 2.437+0.5 * 0
=-3.84

* 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.


Skeena Resources Change In Receivables Related Terms

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Skeena Resources (TSX:SKE) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 650, Vancouver, BC, CAN, V6E 0C3
Skeena Resources Ltd is a Canadian mining exploration company focused on developing prospective precious and base metal properties in the Golden Triangle of northwest British Columbia, Canada. The company's primary activity is the exploration and development of the past-producing Eskay Creek mine acquired from Barrick.
Executives
Randy Reichert Senior Officer
Paul Geddes Senior Officer
Justin Reed Himmelright Senior Officer

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