Mako Mining (TSXV:MKO) Change In Receivables : C$-3.07 Mil (TTM As of Mar. 2024)

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What is Mako Mining Change In Receivables?

Mako Mining's change in receivables for the quarter that ended in Mar. 2024 was C$-3.63 Mil. It means Mako Mining's Accounts Receivable increased by C$3.63 Mil from Dec. 2023 to Mar. 2024 .

Mako Mining's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.55 Mil. It means Mako Mining's Accounts Receivable declined by C$0.55 Mil from Dec. 2022 to Dec. 2023 .

Mako Mining's Accounts Receivable for the quarter that ended in Mar. 2024 was C$4.04 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. Mako Mining's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mako Mining's liquidation value for the three months ended in Mar. 2024 was C$-8.48 Mil.

Mako Mining Change In Receivables Historical Data

The historical data trend for Mako 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.

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Mako Mining Change In Receivables Chart

Mako Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.25

1.72

-0.19

-1.25

0.55

Mako Mining Quarterly Data
	Apr19	Jul19	Oct19	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															-0.03	1.20	-0.45	-0.19	-3.63

Mako 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$-3.07 Mil.

Mako Mining (TSXV:MKO) 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.

Mako 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
=	4.039	/	26.004	*	91
=	14.17

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

Mako 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)
=	6.122	-	28.572	+	0.75 * 4.039	+	0.5 * 21.885
=	-8.48

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Mako Mining (TSXV:MKO) Business Description

Industry

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

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MAKOF:USA GQR0:Germany

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.makominingcorp.com

Mako Mining Corp is a gold mining, development, and exploration firm. It's developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Its primary objective is to bring San Albino into production quickly and efficiently while continuing the exploration of prospective targets in Nicaragua.

Executives

Jesse Munoz

Director or Senior Officer of 10% Security Holder

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