Lightning Minerals (ASX:L1M) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Lightning Minerals Change In Receivables?

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

Lightning Minerals's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Lightning Minerals's Accounts Receivable stayed the same from . 20 to Jun. 2023 .

Lightning Minerals's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.05 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. Lightning Minerals's Days Sales Outstanding for the six months ended in Dec. 2023 was 224.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lightning Minerals's liquidation value for the six months ended in Dec. 2023 was A$2.42 Mil.

Lightning Minerals Change In Receivables Historical Data

The historical data trend for Lightning Minerals'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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Lightning Minerals Change In Receivables Chart

Lightning Minerals Annual Data

Trend

Jun23

Change In Receivables

Lightning Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
Change In Receivables	-	-	-

Lightning Minerals 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Lightning Minerals (ASX:L1M) 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.

Lightning Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.048	/	0.039	*	91
=	224.62

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

Lightning Minerals'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)
=	2.566	-	0.178	+	0.75 * 0.048	+	0.5 * 0
=	2.42

Lightning Minerals Change In Receivables Related Terms

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Lightning Minerals (ASX:L1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lightning Minerals Ltd (ASX:L1M) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

505 Little Collins Street,, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.lightningminerals.com.au

Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit.

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