Western Atlas Resources (TSXV:WA) Change In Receivables : C$0.02 Mil (TTM As of Mar. 2024)

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What is Western Atlas Resources Change In Receivables?

Western Atlas Resources's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Western Atlas Resources's Accounts Receivable declined by C$0.00 Mil from Dec. 2023 to Mar. 2024 .

Western Atlas Resources's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.02 Mil. It means Western Atlas Resources's Accounts Receivable declined by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Western Atlas Resources'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. Western Atlas Resources's liquidation value for the three months ended in Mar. 2024 was C$-0.47 Mil.

Western Atlas Resources Change In Receivables Historical Data

The historical data trend for Western Atlas 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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Western Atlas Resources Change In Receivables Chart

Western Atlas Resources Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.01

0.01

-0.02

0.02

Western Atlas Resources Quarterly Data
	Jun19	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															-	0.01	0.01	-	-

Western Atlas 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

Western Atlas Resources (TSXV:WA) 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.

Western Atlas Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.001	/	0	*	91
=

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

Western Atlas Resources'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)
=	0.022	-	0.49	+	0.75 * 0.001	+	0.5 * 0
=	-0.47

Western Atlas Resources Change In Receivables Related Terms

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Western Atlas Resources (TSXV:WA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Atlas Resources Inc (TSXV:WA) » Definitions » Change In Receivables

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PPZRF:USA

Address

666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8

Website

https://www.westernar.com

Western Atlas Resources Inc is a mineral exploration company operating in Canada. It has one reportable operating segment in one country, being the exploration of mineral resource properties in Canada. It is principally engaged in the discovery, acquisition, and development of mineral deposits in premier mining jurisdictions. The projects of the company include the Meadowbank project.

Executives

Serafino Iacono

10% Security Holder, Director

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