Tarachi Gold (XCNQ:TRG) Change In Receivables : C$1.15 Mil (TTM As of Jan. 2024)

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What is Tarachi Gold Change In Receivables?

Tarachi Gold's change in receivables for the quarter that ended in Jan. 2024 was C$1.03 Mil. It means Tarachi Gold's Accounts Receivable declined by C$1.03 Mil from Oct. 2023 to Jan. 2024 .

Tarachi Gold's change in receivables for the fiscal year that ended in Jul. 2023 was C$0.20 Mil. It means Tarachi Gold's Accounts Receivable declined by C$0.20 Mil from Jul. 2022 to Jul. 2023 .

Tarachi Gold's Accounts Receivable for the quarter that ended in Jan. 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. Tarachi Gold's liquidation value for the three months ended in Jan. 2024 was C$3.34 Mil.

Tarachi Gold Change In Receivables Historical Data

The historical data trend for Tarachi 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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Tarachi Gold Change In Receivables Chart

Tarachi Gold Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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-0.01

-0.83

-0.36

0.20

Tarachi Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-0.37	-0.05	0.25	-0.08	1.03

Tarachi 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.15 Mil.

Tarachi Gold (XCNQ:TRG) 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.

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

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

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

Tarachi Gold's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.343	-	0.007	+	0.75 * 0	+	0.5 * 0
=	3.34

Tarachi Gold Change In Receivables Related Terms

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Tarachi Gold (XCNQ:TRG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tarachi Gold Corp (XCNQ:TRG) » Definitions » Change In Receivables

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TRGGF:USA 4RZ:Germany

Address

700 -1090 West Georgia Street, Vancouver, BC, CAN, V6E 3V7

Website

https://www.tarachigold.com

Tarachi Gold Corp is a gold development and exploration company engaged in the evaluation and development of assets in Mexico. The company's project includes Tarachi Project in Sonora State and Magistral Mills & Tailings in Durango State.

Executives

Michael Konnert

Director

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