Canstar Resources (FRA:9IU) Change In Receivables : €0.50 Mil (TTM As of Mar. 2024)

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What is Canstar Resources Change In Receivables?

Canstar Resources's change in receivables for the quarter that ended in Mar. 2024 was €-0.02 Mil. It means Canstar Resources's Accounts Receivable increased by €0.02 Mil from Dec. 2023 to Mar. 2024 .

Canstar Resources's change in receivables for the fiscal year that ended in Jun. 2023 was €0.46 Mil. It means Canstar Resources's Accounts Receivable declined by €0.46 Mil from Jun. 2022 to Jun. 2023 .

Canstar Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was €0.03 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. Canstar Resources's liquidation value for the three months ended in Mar. 2024 was €0.43 Mil.

Canstar Resources Change In Receivables Historical Data

The historical data trend for Canstar Resources'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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Canstar Resources Change In Receivables Chart

Canstar Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.04

-0.53

0.46

Canstar Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.05	0.44	0.06	0.01	-0.02

Canstar Resources 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.50 Mil.

Canstar Resources (FRA:9IU) 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.

Canstar Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.029	/	0	*	91
=

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

Canstar Resources's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.527	-	0.116	+	0.75 * 0.029	+	0.5 * 0
=	0.43

Canstar Resources Change In Receivables Related Terms

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Canstar Resources (FRA:9IU) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canstar Resources Inc (FRA:9IU) » Definitions » Change In Receivables

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CSRNF:USA ROX:Canada

Address

220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4

Website

https://www.canstarresources.com

Canstar Resources Inc is focused on creating shareholder value through the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. The company has an option to acquire a 100% interest in the Golden Baie Project in south-central Newfoundland, a claim package with recently discovered, multiple outcropping gold occurrences on a structural trend. It also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland.

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