Nova Minerals (Nova Minerals) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)

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What is Nova Minerals Change In Receivables?

Nova Minerals's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Nova Minerals's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Nova Minerals's change in receivables for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Nova Minerals's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Nova Minerals's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.27 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. Nova Minerals's liquidation value for the six months ended in Dec. 2023 was $-0.95 Mil.

Nova Minerals Change In Receivables Historical Data

The historical data trend for Nova Minerals'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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Nova Minerals Change In Receivables Chart

Nova Minerals Annual Data

Trend

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Change In Receivables

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Nova Minerals 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															-	-	-	-	-

Nova Minerals 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 $0.00 Mil.

Nova Minerals (OTCPK:NVAAF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.268	/	0	*	91
=

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

Nova Minerals'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)
=	4.169	-	5.321	+	0.75 * 0.268	+	0.5 * 0
=	-0.95

Nova Minerals Change In Receivables Related Terms

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Nova Minerals (Nova Minerals) Business Description

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QM3:Germany NVA:Australia

Address

242 Hawthorn Road, Suite 5, Caulfield, VIC, AUS, 3161

Website

https://www.novaminerals.com.au

Nova Minerals Ltd is a minerals explorer and developer focused on gold and lithium projects in North America. It has a diversified portfolio of projects across the US, Canada, and Australia. Its key projects include Nova's 6.2Moz Estelle Gold Project on Korbel Main and RPM in Alaska, which holds some of North America's largest gold deposits, and the company's majority-owned Snow Lakes Resources, a proposed zero carbon lithium spodumene project in Canada ideally located on rail access to the US Auto Alley. Nova aims to provide shareholders with diversification through exposure to base and precious metals and to capitalize on the growing demand for lithium-based energy storage.

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