Torque Metals (ASX:TOR) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Torque Metals Change In Receivables?

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

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

Torque Metals's Accounts Receivable for the quarter that ended in Dec. 2023 was A$0.17 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. Torque Metals's liquidation value for the six months ended in Dec. 2023 was A$1.22 Mil.

Torque Metals Change In Receivables Historical Data

The historical data trend for Torque Metals'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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Torque Metals Change In Receivables Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Change In Receivables

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

Torque Metals 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.

Torque Metals (ASX:TOR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.17	/	0	*	91
=

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

Torque Metals'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)
=	2.825	-	1.735	+	0.75 * 0.17	+	0.5 * 0
=	1.22

Torque Metals Change In Receivables Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

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

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Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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