PLL (Piedmont Lithium) Change In Receivables : $-0.48 Mil (TTM As of Sep. 2024)

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What is Piedmont Lithium Change In Receivables?

Piedmont Lithium's change in receivables for the quarter that ended in Sep. 2024 was $12.24 Mil. It means Piedmont Lithium's Accounts Receivable declined by $12.24 Mil from Jun. 2024 to Sep. 2024 .

Piedmont Lithium's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.60 Mil. It means Piedmont Lithium's Accounts Receivable increased by $0.60 Mil from Dec. 2022 to Dec. 2023 .

Piedmont Lithium's Accounts Receivable for the quarter that ended in Sep. 2024 was $1.08 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. Piedmont Lithium's Days Sales Outstanding for the three months ended in Sep. 2024 was 3.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piedmont Lithium's liquidation value for the three months ended in Sep. 2024 was $28.02 Mil.

Piedmont Lithium Change In Receivables Historical Data

The historical data trend for Piedmont Lithium'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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Piedmont Lithium Change In Receivables Chart

Piedmont Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

Change In Receivables

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0.01

-0.09

-0.60

Piedmont Lithium Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-3.65	-9.07	12.24

Piedmont Lithium 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.48 Mil.

Piedmont Lithium (NAS:PLL) 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.

Piedmont Lithium's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.079	/	27.663	*	91
=	3.56

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

Piedmont Lithium's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	70.231	-	43.021	+	0.75 * 1.079	+	0.5 * 0
=	28.02

Piedmont Lithium Change In Receivables Related Terms

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Piedmont Lithium Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PLLTL:USA 6S3:Germany 6S3:Germany 6S3A:Germany 6S3A:Germany PLL:Australia

Address

42 E Catawba Street, Belmont, NC, USA, 28012

Website

https://www.piedmontlithium.com

Piedmont Lithium Inc, is a U.S. based, development-stage, multi-asset, integrated lithium business in support of a clean energy economy and U.S. and world-wide energy security. Its portfolio of wholly-owned projects includes Carolina Lithium, a proposed fully integrated spodumene ore-to-lithium hydroxide project in Gaston County, North Carolina, and Tennessee Lithium, a proposed merchant lithium hydroxide manufacturing plant in McMinn County, Tennessee.

Executives

Claude Demby	director	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Michael D White	officer: EVP and CFO	17988 EDISON AVE, CHESTERFIELD MA 63005
Michael A Bless	director	C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202
Bruce Czachor	officer: EVP, CLO & Secretary	32 NORTH MAIN STREET, SUITE 100, BELMONT NC 28012
Patrick Brindle	officer: EVP and CDO	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Keith D. Phillips	director, officer: President and CEO	42 E CATAWBA STREET, BELMONT NC 28012
Austin Devaney	officer: EVP and CCO	C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Krishna Mcvey	officer: EVP and CAO	C/O PIEDMONT LITHIUM INC., 42 E CATAWBA STREET, BELMONT NC 28012
Christina M Alvord	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jeffrey T. Armstrong	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
David Klanecky	officer: EVP and COO	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Susan C. Jones	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Levi Mochkin	director
Todd Hannigan	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012
Jorge Beristain	director	32N MAIN STREET, SUITE 100, BELMONT NC 28012