Lithium Americas (TSX:LAC) Change In Receivables : C$-0.12 Mil (TTM As of Dec. 2023)

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What is Lithium Americas Change In Receivables?

Lithium Americas's change in receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Lithium Americas's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Lithium Americas's change in receivables for the fiscal year that ended in Dec. 2023 was C$-6.58 Mil. It means Lithium Americas's Accounts Receivable increased by C$6.58 Mil from Dec. 2022 to Dec. 2023 .

Lithium Americas's Accounts Receivable for the quarter that ended in Dec. 2023 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. Lithium Americas's liquidation value for the three months ended in Dec. 2023 was C$219.32 Mil.

Lithium Americas Change In Receivables Historical Data

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

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.22

-0.67

-0.58

-6.58

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-	-0.12	-	-	-

Lithium Americas 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.12 Mil.

Lithium Americas (TSX:LAC) 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.

Lithium Americas's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

Lithium Americas's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	262.304	-	42.982	+	0.75 * 0	+	0.5 * 0
=	219.32

Lithium Americas Change In Receivables Related Terms

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Lithium Americas (TSX:LAC) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LAC:USA WUC:Germany WUC:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithiumamericas.com

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.