Silver Dollar Resources (XCNQ:SLV) Change In Receivables : C$0.44 Mil (TTM As of Feb. 2024)

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What is Silver Dollar Resources Change In Receivables?

Silver Dollar Resources's change in receivables for the quarter that ended in Feb. 2024 was C$0.01 Mil. It means Silver Dollar Resources's Accounts Receivable declined by C$0.01 Mil from Nov. 2023 to Feb. 2024 .

Silver Dollar Resources's change in receivables for the fiscal year that ended in Aug. 2023 was C$0.29 Mil. It means Silver Dollar Resources's Accounts Receivable declined by C$0.29 Mil from Aug. 2022 to Aug. 2023 .

Silver Dollar Resources's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.03 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 Dollar Resources's liquidation value for the three months ended in Feb. 2024 was C$3.63 Mil.

Silver Dollar Resources Change In Receivables Historical Data

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

Silver Dollar Resources Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

-0.02

0.02

-0.24

0.29

Silver Dollar Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.07	-0.38	0.80	0.01	0.01

Silver Dollar 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.44 Mil.

Silver Dollar Resources (XCNQ:SLV) 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 Dollar Resources's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.028	/	0	*	91
=

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

Silver Dollar Resources'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)
=	3.665	-	0.057	+	0.75 * 0.028	+	0.5 * 0
=	3.63

Silver Dollar Resources Change In Receivables Related Terms

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Silver Dollar Resources (XCNQ:SLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Dollar Resources Inc (XCNQ:SLV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SLVDF:USA 4YW:Germany

Address

179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9

Website

https://silverdollarresources.com

Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.

Executives

Joseph Jerome Smulders

Senior Officer