Grit Metals (FRA:K9T) Change In Receivables : €0.00 Mil (TTM As of Feb. 2025)

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What is Grit Metals Change In Receivables?

Grit Metals's change in receivables for the quarter that ended in Feb. 2025 was €0.10 Mil. It means Grit Metals's Accounts Receivable declined by €0.10 Mil from Nov. 2024 to Feb. 2025 .

Grit Metals's change in receivables for the fiscal year that ended in May. 2024 was €-0.01 Mil. It means Grit Metals's Accounts Receivable increased by €0.01 Mil from May. 2023 to May. 2024 .

Grit Metals's Accounts Receivable for the quarter that ended in Feb. 2025 was €0.00 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. Grit Metals's liquidation value for the three months ended in Feb. 2025 was €0.84 Mil.

Grit Metals Change In Receivables Historical Data

The historical data trend for Grit 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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Grit Metals Change In Receivables Chart

Grit Metals Annual Data

Trend

May21

May22

May23

May24

Change In Receivables

-0.01

Grit Metals Quarterly Data
	May21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Change In Receivables	Get a 7-Day Free Trial								0.04	-0.01	-0.11	0.02	0.10

Grit 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

Grit Metals (FRA:K9T) 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.

Grit Metals's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

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

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

Grit Metals's liquidation value for the quarter that ended in Feb. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.88	-	0.038	+	0.75 * 0	+	0.5 * 0
=	0.84

Grit Metals Change In Receivables Related Terms

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Grit Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grit Metals Corp (FRA:K9T) » Definitions » Change In Receivables

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Traded in Other Exchanges

EUEMF:USA FIN:Canada

Address

503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6

Website

https://www.europeanenergymetals.com

Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.

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