DMEHF (Desert Mountain Energy) Change In Receivables : $-0.06 Mil (TTM As of Jun. 2024)

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What is Desert Mountain Energy Change In Receivables?

Desert Mountain Energy's change in receivables for the quarter that ended in Jun. 2024 was $0.14 Mil. It means Desert Mountain Energy's Accounts Receivable declined by $0.14 Mil from Mar. 2024 to Jun. 2024 .

Desert Mountain Energy's change in receivables for the fiscal year that ended in Sep. 2023 was $-0.44 Mil. It means Desert Mountain Energy's Accounts Receivable increased by $0.44 Mil from Sep. 2022 to Sep. 2023 .

Desert Mountain Energy's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.37 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. Desert Mountain Energy's Days Sales Outstanding for the three months ended in Jun. 2024 was 246.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Desert Mountain Energy's liquidation value for the three months ended in Jun. 2024 was $-3.43 Mil.

Desert Mountain Energy Change In Receivables Historical Data

The historical data trend for Desert Mountain Energy'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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Desert Mountain Energy Change In Receivables Chart

Desert Mountain Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-0.01

-0.30

-0.44

Desert Mountain Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															0.06	-0.30	-0.48	0.59	0.14

Desert Mountain Energy 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 quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Desert Mountain Energy (OTCPK:DMEHF) 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.

Desert Mountain Energy's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.368	/	0.136	*	91
=	246.91

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

Desert Mountain Energy'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)
=	2.349	-	6.051	+	0.75 * 0.368	+	0.5 * 0
=	-3.43

Desert Mountain Energy Change In Receivables Related Terms

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Desert Mountain Energy Business Description

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Address

14155 West Mountain View Blvd. No. 1023, Surprise, AZ, USA, V6C 2T7

Website

https://www.desertmountainenergy.com

Desert Mountain Energy Corp is a forward-looking resource company actively engaged in the exploration and development of Helium and Rare Earth Gas properties in the U.S. Southwest. The company's projects include Holbrook Helium Project and the Noble gas project.