CleanTech Lithium (LSE:CTL) Accounts Receivable : £0.00 Mil (As of Dec. 2023)

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What is CleanTech Lithium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CleanTech Lithium's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CleanTech Lithium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.04.

CleanTech Lithium Accounts Receivable Historical Data

The historical data trend for CleanTech Lithium's Accounts Receivable 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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CleanTech Lithium Accounts Receivable Chart

CleanTech Lithium Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

CleanTech Lithium Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

CleanTech Lithium Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

CleanTech Lithium Accounts Receivable 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 receivables are being managed.

CleanTech 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 Net-Net Working Capital (NNWC), CleanTech Lithium's accounts receivable are only considered to be worth 75% of book value:

CleanTech Lithium's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(6.202	+	0.75 * 0	+	0.5 * 0	-	0.73
-	0	-	0)	/	145.162
=	0.04

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

CleanTech Lithium Accounts Receivable Related Terms

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CleanTech Lithium (LSE:CTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CleanTech Lithium PLC (LSE:CTL) » Definitions » Accounts Receivable

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Traded in Other Exchanges

CTLHF:USA T2N:Germany

Address

7 Castle Street, De Carteret House, Saint Helier, JEY, JE2 3BT

Website

https://www.ctlithium.com

CleanTech Lithium PLC is focused on lithium exploration and development and has been progressing with two lithium projects in Chile, the Laguna Verde project and the Francisco Basin project. The Group holds mining exploration and mining exploitation licenses over the Projects which are prospective for lithium resources based on the lithium-enriched brine in the surface and sub-surface of the basins.

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