Xtract Resources (LSE:XTR) Change In Receivables : £-0.17 Mil (TTM As of Dec. 2023)

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What is Xtract Resources Change In Receivables?

Xtract Resources's change in receivables for the quarter that ended in Dec. 2023 was £1.05 Mil. It means Xtract Resources's Accounts Receivable declined by £1.05 Mil from Jun. 2023 to Dec. 2023 .

Xtract Resources's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.17 Mil. It means Xtract Resources's Accounts Receivable increased by £0.17 Mil from Dec. 2022 to Dec. 2023 .

Xtract Resources's Accounts Receivable for the quarter that ended in Dec. 2023 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. Xtract Resources's liquidation value for the six months ended in Dec. 2023 was £-1.41 Mil.

Xtract Resources Change In Receivables Historical Data

The historical data trend for Xtract 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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Xtract Resources Change In Receivables Chart

Xtract Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.14

-0.10

-0.52

-0.68

-0.17

Xtract Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.48	-0.97	0.30	-1.22	1.05

Xtract 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.17 Mil.

Xtract Resources (LSE:XTR) 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.

Xtract Resources'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	/	-2.062	*	91
=

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

Xtract Resources'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)
=	0.63	-	2.042	+	0.75 * 0	+	0.5 * 0
=	-1.41

Xtract Resources Change In Receivables Related Terms

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Xtract Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xtract Resources PLC (LSE:XTR) » Definitions » Change In Receivables

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Address

7/8 Kendrick Mews, 1st Floor, South Kensington, London, GBR, SW7 3HG

Website

https://www.xtractresources.com

Xtract Resources PLC is a resource, development, & mining company focused on acquiring brownfield resource projects with a view to releasing value for its shareholders. It is currently focused on the Manica Gold Project & Manica Alluvials Project in Mozambique, Eureka Copper Project, and Kalengwa Processing Copper Project in Zambia. The company generates revenues from the sales of gold bars. Its operating segment includes the Operating gold mining segment in Mozambique, Mine Development in Mozambique, Exploration, Investment & other, and Alluvial Gold Mining Production. The majority of revenue is from the Alluvial Gold Mining Production segment.

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