Abrasilver Resource (TSXV:ABRA) Change In Receivables : C$-0.82 Mil (TTM As of Mar. 2024)

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What is Abrasilver Resource Change In Receivables?

Abrasilver Resource's change in receivables for the quarter that ended in Mar. 2024 was C$-0.68 Mil. It means Abrasilver Resource's Accounts Receivable increased by C$0.68 Mil from Dec. 2023 to Mar. 2024 .

Abrasilver Resource's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.15 Mil. It means Abrasilver Resource's Accounts Receivable increased by C$0.15 Mil from Dec. 2022 to Dec. 2023 .

Abrasilver Resource's Accounts Receivable for the quarter that ended in Mar. 2024 was C$1.13 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. Abrasilver Resource's liquidation value for the three months ended in Mar. 2024 was C$-3.73 Mil.

Abrasilver Resource Change In Receivables Historical Data

The historical data trend for Abrasilver Resource'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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Abrasilver Resource Change In Receivables Chart

Abrasilver Resource Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.29

-0.02

0.04

-0.13

-0.15

Abrasilver Resource 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															-0.01	-0.07	-0.04	-0.03	-0.68

Abrasilver Resource 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$-0.82 Mil.

Abrasilver Resource (TSXV:ABRA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.127	/	0	*	91
=

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

Abrasilver Resource'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)
=	5.694	-	10.265	+	0.75 * 1.127	+	0.5 * 0
=	-3.73

Abrasilver Resource Change In Receivables Related Terms

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Abrasilver Resource (TSXV:ABRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Abrasilver Resource Corp (TSXV:ABRA) » Definitions » Change In Receivables

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Traded in Other Exchanges

ABBRF:USA 1AH0:Germany

Address

220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4

Website

https://www.abrasilver.com

Abrasilver Resource Corp is a mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. It provides major leverage to silver and gold through its interest in the Diablillos project in the mining Salta province in Argentina.

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