EnviroMetal Technologies (EnviroMetal Technologies) Change In Receivables : $-0.10 Mil (TTM As of Dec. 2023)

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What is EnviroMetal Technologies Change In Receivables?

EnviroMetal Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-0.09 Mil. It means EnviroMetal Technologies's Accounts Receivable increased by $0.09 Mil from Sep. 2023 to Dec. 2023 .

EnviroMetal Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.11 Mil. It means EnviroMetal Technologies's Accounts Receivable increased by $0.11 Mil from Dec. 2022 to Dec. 2023 .

EnviroMetal Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.06 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. EnviroMetal Technologies's liquidation value for the three months ended in Dec. 2023 was $-0.70 Mil.

EnviroMetal Technologies Change In Receivables Historical Data

The historical data trend for EnviroMetal Technologies'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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EnviroMetal Technologies Change In Receivables Chart

EnviroMetal Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.05

0.15

-0.26

0.30

-0.11

EnviroMetal Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.18	-0.27	0.26	0.01	-0.09

EnviroMetal Technologies 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 quarterly data reported by the company within the most recent 12 months, which was $-0.10 Mil.

EnviroMetal Technologies (OTCPK:EVLLF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.056	/	0	*	91
=

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

EnviroMetal Technologies'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)
=	0.15	-	0.894	+	0.75 * 0.056	+	0.5 * 0
=	-0.70

EnviroMetal Technologies Change In Receivables Related Terms

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EnviroMetal Technologies (EnviroMetal Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » EnviroMetal Technologies Inc (OTCPK:EVLLF) » Definitions » Change In Receivables

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Traded in Other Exchanges

7N20:Germany ETI:Canada

Address

208-6741 Cariboo Road, Burnaby, BC, CAN, V3N 4A3

Website

https://www.envirometal.com

EnviroMetal Technologies Inc is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the primary and secondary metals sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroMetal extracts precious metals from ores, concentrates and E-Waste.