Nevada Lithium Resources (XCNQ:NVLH) Change In Receivables : C$-0.12 Mil (TTM As of Jan. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Nevada Lithium Resources Change In Receivables?

Nevada Lithium Resources's change in receivables for the quarter that ended in Jan. 2024 was C$-0.06 Mil. It means Nevada Lithium Resources's Accounts Receivable increased by C$0.06 Mil from Oct. 2023 to Jan. 2024 .

Nevada Lithium Resources's change in receivables for the fiscal year that ended in Apr. 2023 was C$-0.04 Mil. It means Nevada Lithium Resources's Accounts Receivable increased by C$0.04 Mil from Apr. 2022 to Apr. 2023 .

Nevada Lithium Resources'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. Nevada Lithium Resources's liquidation value for the three months ended in Jan. 2024 was C$1.75 Mil.

Nevada Lithium Resources Change In Receivables Historical Data

The historical data trend for Nevada Lithium 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.

* Premium members only.

Nevada Lithium Resources Change In Receivables Chart

Nevada Lithium Resources Annual Data

Trend

Apr21

Apr22

Apr23

Change In Receivables

-0.04

Nevada Lithium Resources Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial						-0.01	-0.01	-0.02	-0.02	-0.06

Nevada Lithium 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.12 Mil.

Nevada Lithium Resources (XCNQ:NVLH) 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.

Nevada Lithium Resources'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, Nevada Lithium Resources's accounts receivable are only considered to be worth 75% of book value:

Nevada Lithium Resources'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)
=	2.177	-	0.431	+	0.75 * 0	+	0.5 * 0
=	1.75

Nevada Lithium Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of Nevada Lithium Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Nevada Lithium Resources (XCNQ:NVLH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Lithium Resources Inc (XCNQ:NVLH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NVLHF:USA 87K:Germany

Address

1055 West Georgia Street, Suite 1500, Royal Centre, Po Box 11117, Vancouver, BC, CAN, V6E 4N7

Website

https://www.nvlithium.com

Nevada Lithium Resources Inc is in the business of the exploration and evaluation of mineral properties. Its project involves the Bonnie Claire Project is located within a flat-bottomed salt basin that is surrounded by a complete pattern of mountain ranges.

Executives

Marcel Boekhoorn

10% Security Holder

Nevada Lithium Resources (XCNQ:NVLH) Headlines

No Headlines