Opawica Explorations (Opawica Explorations) Change In Receivables : $0.14 Mil (TTM As of Feb. 2024)

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What is Opawica Explorations Change In Receivables?

Opawica Explorations's change in receivables for the quarter that ended in Feb. 2024 was $-0.01 Mil. It means Opawica Explorations's Accounts Receivable increased by $0.01 Mil from Nov. 2023 to Feb. 2024 .

Opawica Explorations's change in receivables for the fiscal year that ended in Aug. 2023 was $-0.04 Mil. It means Opawica Explorations's Accounts Receivable increased by $0.04 Mil from Aug. 2022 to Aug. 2023 .

Opawica Explorations's Accounts Receivable for the quarter that ended in Feb. 2024 was $0.14 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. Opawica Explorations's liquidation value for the three months ended in Feb. 2024 was $-0.60 Mil.

Opawica Explorations Change In Receivables Historical Data

The historical data trend for Opawica Explorations'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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Opawica Explorations Change In Receivables Chart

Opawica Explorations Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.01

-0.02

-0.43

-0.04

Opawica Explorations Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.01	-0.01	-0.01	0.16	-0.01

Opawica Explorations 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.14 Mil.

Opawica Explorations (OTCPK:OPWEF) 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.

Opawica Explorations's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.136	/	0	*	91
=

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

Opawica Explorations's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.076	-	0.776	+	0.75 * 0.136	+	0.5 * 0
=	-0.60

Opawica Explorations Change In Receivables Related Terms

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Opawica Explorations (Opawica Explorations) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Opawica Explorations Inc (OTCPK:OPWEF) » Definitions » Change In Receivables

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Traded in Other Exchanges

OE5:Germany OPW:Canada

Address

625 Howe Street, Suite 488, Vancouver, BC, CAN, V6C 2T6

Website

https://www.opawica.com

Opawica Explorations Inc is a Canadian-based company engaged in the business of exploration and evaluation of mineral properties. The company owns an interest in several properties including, Arrowhead Gold Property, Bazooka East Gold Property, Bazooka West Gold Property, and others.

Opawica Explorations (Opawica Explorations) Headlines

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