Silver North Resources (TSXV:SNAG) Change In Receivables : C$0.05 Mil (TTM As of Mar. 2023)

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What is Silver North Resources Change In Receivables?

Silver North Resources's change in receivables for the quarter that ended in Mar. 2023 was C$0.01 Mil. It means Silver North Resources's Accounts Receivable declined by C$0.01 Mil from Dec. 2022 to Mar. 2023 .

Silver North Resources's change in receivables for the fiscal year that ended in Sep. 2023 was C$0.07 Mil. It means Silver North Resources's Accounts Receivable declined by C$0.07 Mil from Sep. 2022 to Sep. 2023 .

Silver North Resources's Accounts Receivable for the quarter that ended in Mar. 2023 was C$0.04 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Silver North Resources's liquidation value for the three months ended in Mar. 2023 was C$-0.59 Mil.

Silver North Resources Change In Receivables Historical Data

The historical data trend for Silver North 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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Silver North Resources Change In Receivables Chart

Silver North Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-0.04

0.04

-0.16

0.14

0.07

Silver North Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															0.02	-	0.04	0.01	-

Silver North 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

Silver North Resources (TSXV:SNAG) 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.

Silver North Resources's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.037	/	0	*	91
=

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

Silver North Resources's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.061	-	0.678	+	0.75 * 0.037	+	0.5 * 0
=	-0.59

Silver North Resources Change In Receivables Related Terms

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Silver North Resources (TSXV:SNAG) Business Description

Industry

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TARSF:USA

Address

325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7

Website

https://www.alianzaminerals.com

Silver North Resources Ltd has made new silver discoveries in the Keno Hill Silver District of the Yukon at its Haldane Project, where high-grade silver has been identified in drilling at three target areas. The Company also holds the Tim silver property in southern Yukon, where partner-funded exploration has identified high-grade silver mineralization just 19 km from the Silvertip mine. Silver is a critical component in today's economy due to its myriad of industrial uses. This is only expected to continue, driving long-term growth and the demand for silver. Silver North is ideally positioned to further prove out and expand upon its discoveries, at the stage of the mining development curve traditionally associated with the value increases for shareholders.

Executives

Mark Thomas Brown

Director

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