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Lithium Australia (ASX:LIT) Change In Receivables : A$0.00 Mil (TTM As of Jun. 2024)


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What is Lithium Australia Change In Receivables?

Lithium Australia's change in receivables for the quarter that ended in Jun. 2024 was A$0.00 Mil. It means Lithium Australia's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Lithium Australia's change in receivables for the fiscal year that ended in Jun. 2024 was A$0.00 Mil. It means Lithium Australia's Accounts Receivable stayed the same from Jun. 2023 to Jun. 2024 .

Lithium Australia's Accounts Receivable for the quarter that ended in Jun. 2024 was A$1.21 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. Lithium Australia's Days Sales Outstanding for the six months ended in Jun. 2024 was 53.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lithium Australia's liquidation value for the six months ended in Jun. 2024 was A$-7.90 Mil.


Lithium Australia Change In Receivables Historical Data

The historical data trend for Lithium Australia'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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Lithium Australia Change In Receivables Chart

Lithium Australia Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
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Lithium Australia Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Lithium Australia 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

* 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.


Lithium Australia  (ASX:LIT) 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.

Lithium Australia's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.213/4.128*91
=53.63

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

Lithium Australia's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.916-15.115+0.75 * 1.213+0.5 * 0.773
=-7.90

* 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.


Lithium Australia Change In Receivables Related Terms

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Lithium Australia Business Description

Traded in Other Exchanges
Address
79-83 High Street, Suite 1, Kew, Melbourne, VIC, AUS, 3101
Lithium Australia Ltd operates as a lithium-ion battery recycler, develops processing technology to produce lithium ferro phosphate (LFP), and develops patented lithium extraction technology. Its reportable segments are; Battery Recycling, Lithium Chemicals, and Battery Materials. The maximum revenue is generated from its Battery Recycling segment which is involved in the research and development of processing technology for mixed-battery recycling, as well as the sale of recovered energy metals. Its proprietary process involves the recovery of energy metals as mixed metal dust (MMD), which is then exported for further refining.

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