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QX Resources (ASX:QXR) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)


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What is QX Resources Change In Receivables?

QX Resources's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means QX Resources's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

QX Resources's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means QX Resources's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

QX Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.06 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. QX Resources's liquidation value for the six months ended in Dec. 2023 was A$1.52 Mil.


QX Resources Change In Receivables Historical Data

The historical data trend for QX 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.

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QX Resources Change In Receivables Chart

QX Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
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QX Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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QX 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.


QX Resources  (ASX:QXR) 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.

QX Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.06/0*91
=

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

QX Resources's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.179-0.701+0.75 * 0.06+0.5 * 0
=1.52

* 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.


QX Resources Change In Receivables Related Terms

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QX Resources (ASX:QXR) Business Description

Traded in Other Exchanges
N/A
Address
34 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005
QX Resources Ltd is a mining and export operation company. It is involved in the exploration of mineral resources. The projects of the company include Pilbara lithium; Anthony Molybdenum and others. QX Resources is focused on the exploration and development of battery minerals, with hard rock lithium assets in a prime location in Western Australia and gold-molybdenum assets in Queensland.

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