Spod Lithium (XCNQ:SPOD) Change In Receivables

: C$-0.03 Mil (TTM As of Oct. 2022)

View and export this data going back to 2021. Start your Free Trial

Spod Lithium's change in receivables for the quarter that ended in Oct. 2022 was C$-0.01 Mil. It means Spod Lithium's Accounts Receivable increased by C$0.01 Mil from Jul. 2022 to Oct. 2022 .

Spod Lithium's change in receivables for the fiscal year that ended in Jul. 2022 was C$-0.02 Mil. It means Spod Lithium's Accounts Receivable increased by C$0.02 Mil from Jul. 2021 to Jul. 2022 .

Spod Lithium's Accounts Receivable for the quarter that ended in Oct. 2022 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. Spod Lithium's liquidation value for the three months ended in Oct. 2022 was C$2.29 Mil.

Spod Lithium Change In Receivables Historical Data

The historical data trend for Spod 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.

* Premium members only.

Spod Lithium Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Change In Receivables

-0.01

-0.02

Spod Lithium Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22
Change In Receivables										-	-0.01	-	-0.01	-0.01

Spod 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 Oct. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Spod Lithium (XCNQ:SPOD) 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.

Spod Lithium's Days Sales Outstanding for the quarter that ended in Oct. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.033	/	0	*	91
=

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

Spod Lithium's liquidation value for the quarter that ended in Oct. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.386	-	0.122	+	0.75 * 0.033	+	0.5 * 0
=	2.29

Spod Lithium Change In Receivables Related Terms

Thank you for viewing the detailed overview of Spod Lithium's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Spod Lithium (XCNQ:SPOD) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

EEEXF:USA

Address

1030 West Georgia Street, Suite 1910, Vancouver, BC, CAN, V6C 2Y3

Website

https://spodlithiumcorp.com/en

Spod Lithium Corp. is a mineral exploration company focused on the acquisition and development of mineral properties containing battery, base, and precious metals. The Company's primary lithium properties are strategically located in Quebec and Ontario, Canada.

Spod Lithium (XCNQ:SPOD) Headlines

No Headlines