Vanadiumcorp Resource (TSXV:VRB) Change In Receivables

: C$-0.03 Mil (TTM As of Jan. 2024)

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Vanadiumcorp Resource's change in receivables for the quarter that ended in Jan. 2024 was C$-0.02 Mil. It means Vanadiumcorp Resource's Accounts Receivable increased by C$0.02 Mil from Oct. 2023 to Jan. 2024 .

Vanadiumcorp Resource's change in receivables for the fiscal year that ended in Oct. 2023 was C$-0.02 Mil. It means Vanadiumcorp Resource's Accounts Receivable increased by C$0.02 Mil from Oct. 2022 to Oct. 2023 .

Vanadiumcorp Resource'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. Vanadiumcorp Resource's liquidation value for the three months ended in Jan. 2024 was C$-1.18 Mil.

Vanadiumcorp Resource Change In Receivables Historical Data

The historical data trend for Vanadiumcorp Resource'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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Vanadiumcorp Resource Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

-0.07

0.05

0.10

-0.02

Vanadiumcorp Resource Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables																-0.01	0.04	0.01	-0.06	-0.02

Vanadiumcorp Resource 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$-0.03 Mil.

Vanadiumcorp Resource (TSXV:VRB) 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.

Vanadiumcorp Resource's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.002	/	0	*	91
=

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

Vanadiumcorp Resource'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)
=	0.119	-	1.305	+	0.75 * 0.002	+	0.5 * 0
=	-1.18

Vanadiumcorp Resource Change In Receivables Related Terms

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Vanadiumcorp Resource (TSXV:VRB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vanadiumcorp Resource Inc (TSXV:VRB) » Definitions » Change In Receivables

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Traded in Other Exchanges

VRBFF:USA NWNA:Germany

Address

303-5455 West Boulevard, Vancouver, BC, CAN, V6M 3W5

Website

https://www.vanadiumcorp.com

Vanadiumcorp Resource Inc is engaged in the exploration and development of mineral properties in Canada. It is also involved in the development of vanadium redox flow battery technology in Germany. The company's primary focus is on the Lac Dore and Iron-T Properties in Quebec which is prospective for vanadium, titanium, and iron.

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