POWR Lithium (XCNQ:POWR) Change In Receivables : C$-0.02 Mil (TTM As of Feb. 2024)

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What is POWR Lithium Change In Receivables?

POWR Lithium's change in receivables for the quarter that ended in Feb. 2024 was C$-0.01 Mil. It means POWR Lithium's Accounts Receivable increased by C$0.01 Mil from Nov. 2023 to Feb. 2024 .

POWR Lithium's change in receivables for the fiscal year that ended in Aug. 2023 was C$-0.05 Mil. It means POWR Lithium's Accounts Receivable increased by C$0.05 Mil from Aug. 2022 to Aug. 2023 .

POWR Lithium's Accounts Receivable for the quarter that ended in Feb. 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. POWR Lithium's liquidation value for the three months ended in Feb. 2024 was C$-0.11 Mil.

POWR Lithium Change In Receivables Historical Data

The historical data trend for POWR Lithium'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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POWR Lithium Change In Receivables Chart

POWR Lithium Annual Data

Trend

Aug21

Aug22

Aug23

Change In Receivables

-0.03

-0.05

POWR Lithium Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial							-0.02	-0.01	-0.01	0.01	-0.01

POWR Lithium 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

POWR Lithium (XCNQ:POWR) 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.

POWR Lithium's Days Sales Outstanding for the quarter that ended in Feb. 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, POWR Lithium's accounts receivable are only considered to be worth 75% of book value:

POWR Lithium's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.12	-	0.228	+	0.75 * 0	+	0.5 * 0
=	-0.11

POWR Lithium Change In Receivables Related Terms

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POWR Lithium (XCNQ:POWR) Business Description

Industry

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

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Traded in Other Exchanges

PWRLF:USA 6JX:Germany

Address

1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3

Website

https://www.powrlithium.com

POWR Lithium Corp is a new mineral exploration and development company focused on American lithium deposits to support domestic demand. It is predominantly engaged in the business of mineral exploration and the development of the ELi Property and the Halo Project.

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