AKORA Resources (ASX:AKO) Change In Receivables : A$0.00 Mil (TTM As of Jun. 2023)

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What is AKORA Resources Change In Receivables?

AKORA Resources's change in receivables for the quarter that ended in Jun. 2023 was A$0.00 Mil. It means AKORA Resources's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

AKORA Resources's change in receivables for the fiscal year that ended in Dec. 2023 was A$0.00 Mil. It means AKORA Resources's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

AKORA Resources's Accounts Receivable for the quarter that ended in Jun. 2023 was A$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. AKORA Resources's liquidation value for the six months ended in Jun. 2023 was A$2.78 Mil.

AKORA Resources Change In Receivables Historical Data

The historical data trend for AKORA Resources'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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AKORA Resources Change In Receivables Chart

AKORA Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

AKORA Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-	-	-	-	-

AKORA Resources 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

AKORA Resources (ASX:AKO) 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.

AKORA Resources's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.027	/	0	*	91
=

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

AKORA Resources's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.11	-	0.348	+	0.75 * 0.027	+	0.5 * 0
=	2.78

AKORA Resources Change In Receivables Related Terms

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AKORA Resources (ASX:AKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AKORA Resources Ltd (ASX:AKO) » Definitions » Change In Receivables

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Address

211 McIlwraith Street, Princes Hill, North Carlton, Melbourne, VIC, AUS, 3054

Website

https://www.akoravy.com

AKORA Resources Ltd is a mining company. The company is engaged in the exploration and development for ferrous metals. The company's projects involved the Bekisopa Project, the Tratramarina Project, and the Ambodilafa Project. It operates in two geographical segments namely Australia and Madagascar.

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