New Age Metals (New Age Metals) Change In Receivables : $-0.03 Mil (TTM As of Jan. 2024)

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What is New Age Metals Change In Receivables?

New Age Metals's change in receivables for the quarter that ended in Jan. 2024 was $-0.01 Mil. It means New Age Metals's Accounts Receivable increased by $0.01 Mil from Oct. 2023 to Jan. 2024 .

New Age Metals's change in receivables for the fiscal year that ended in Apr. 2023 was $-0.02 Mil. It means New Age Metals's Accounts Receivable increased by $0.02 Mil from Apr. 2022 to Apr. 2023 .

New Age Metals's Accounts Receivable for the quarter that ended in Jan. 2024 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. New Age Metals's liquidation value for the three months ended in Jan. 2024 was $1.69 Mil.

New Age Metals Change In Receivables Historical Data

The historical data trend for New Age 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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New Age Metals Change In Receivables Chart

New Age Metals Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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0.08

-0.02

-0.01

0.01

-0.02

New Age Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															0.09	-0.54	0.42	0.10	-0.01

New Age 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

New Age Metals (OTCPK:NMTLF) 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.

New Age Metals's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

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

New Age Metals's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.279	-	0.589	+	0.75 * 0	+	0.5 * 0
=	1.69

New Age Metals Change In Receivables Related Terms

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New Age Metals (New Age Metals) Business Description

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P7J2:Germany NAM:Canada

Address

2148 West 38th Avenue, Suite 101, Vancouver, BC, CAN, V6M 1R9

Website

https://www.newagemetals.com

New Age Metals Inc is a green metal, mineral exploration and development company. The company has two divisions, each engaged in the process of acquiring, exploring and developing Platinum Group Metal (PGM) and Lithium projects. Geographically, it operates in Canada and USA, out of which the majority of its revenue is from Canada. Its project includes the palladium projects in North America - its flagship River Valley PGM Project (near Sudbury, Ontario), Genesis PGM-Cu-Ni Project (Alaska) and seven Lithium projects (Manitoba).

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