Frontier Lithium (TSXV:FL) Change In Receivables : C$0.02 Mil (TTM As of Dec. 2023)

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What is Frontier Lithium Change In Receivables?

Frontier Lithium's change in receivables for the quarter that ended in Dec. 2023 was C$-0.23 Mil. It means Frontier Lithium's Accounts Receivable increased by C$0.23 Mil from Sep. 2023 to Dec. 2023 .

Frontier Lithium's change in receivables for the fiscal year that ended in Mar. 2023 was C$-0.61 Mil. It means Frontier Lithium's Accounts Receivable increased by C$0.61 Mil from Mar. 2022 to Mar. 2023 .

Frontier Lithium'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. Frontier Lithium's liquidation value for the three months ended in Dec. 2023 was C$11.73 Mil.

Frontier Lithium Change In Receivables Historical Data

The historical data trend for Frontier 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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Frontier Lithium Change In Receivables Chart

Frontier Lithium Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.01

-0.10

-0.37

-0.57

-0.61

Frontier Lithium Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.24	-0.43	0.15	0.54	-0.23

Frontier 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.02 Mil.

Frontier Lithium (TSXV:FL) 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.

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

Frontier Lithium'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)
=	15.48	-	3.749	+	0.75 * 0	+	0.5 * 0
=	11.73

Frontier Lithium Change In Receivables Related Terms

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Frontier Lithium (TSXV:FL) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Frontier Lithium Inc (TSXV:FL) » Definitions » Change In Receivables

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LITOF:USA HL2:Germany

Address

2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3

Website

https://www.frontierlithium.com

Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company project includes PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.