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


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What is Octava Minerals Change In Receivables?

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

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

Octava Minerals's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.07 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. Octava Minerals's liquidation value for the six months ended in Dec. 2023 was A$2.07 Mil.


Octava Minerals Change In Receivables Historical Data

The historical data trend for Octava 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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Octava Minerals Change In Receivables Chart

Octava Minerals Annual Data
Trend Jun23
Change In Receivables
-

Octava Minerals Semi-Annual Data
Dec21 Jun22 Jun23 Dec23
Change In Receivables - - - -

Octava 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.

* 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.


Octava Minerals  (ASX:OCT) 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.

Octava 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
=0.066/0*91
=

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

Octava 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)
=2.11-0.087+0.75 * 0.066+0.5 * 0
=2.07

* 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.


Octava Minerals Change In Receivables Related Terms

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Octava Minerals (ASX:OCT) Business Description

Traded in Other Exchanges
N/A
Address
234 Churchill Avenue, Suite 1, Subiaco, WA, AUS, 6008
Octava Minerals Ltd is an exploration and resource development company. It focuses on the exploration of lithium, gold, Platinum Group Metals, and nickel at its mining tenements in Western Australia. The project portfolio comprises three main Project areas: - East Pilbara Talga; East Kimberley: and the Yallalong project.

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