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Montage Gold (TSXV:MAU) Change In Receivables : C$0.13 Mil (TTM As of Mar. 2024)


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What is Montage Gold Change In Receivables?

Montage Gold's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Montage Gold's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Montage Gold's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.21 Mil. It means Montage Gold's Accounts Receivable declined by C$0.21 Mil from Dec. 2022 to Dec. 2023 .

Montage Gold's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.00 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. Montage Gold's liquidation value for the three months ended in Mar. 2024 was C$36.78 Mil.


Montage Gold Change In Receivables Historical Data

The historical data trend for Montage Gold'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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Montage Gold Change In Receivables Chart

Montage Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
-0.05 -0.61 0.16 -0.11 0.21

Montage Gold Quarterly Data
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 0.08 0.20 0.11 -0.18 -

Montage Gold 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$0.13 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.


Montage Gold  (TSXV:MAU) 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.

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

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

Montage Gold'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)
=38.837-2.061+0.75 * 0+0.5 * 0
=36.78

* 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.


Montage Gold Change In Receivables Related Terms

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Montage Gold (TSXV:MAU) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Montage Gold Corp is a mineral exploration and development company. It is engaged in the acquisition, exploration and development of mineral properties in Africa. The company's mineral properties are located in Cote d'Ivoire where it owns four permits and nine permit applications. Its projects include the Morondo Gold Project, the Korokaha Gold Project, and the Bobosso Gold Project.
Executives
Kevin John Ross Senior Officer

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