SCCFF (Strategic Resources) Change In Receivables: $-0.01 Mil (TTM As of Mar. 2023)

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SCCFF Strategic Resources Inc SCCFF
35 GF Score
Price $0.21
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What is Strategic Resources Change In Receivables?

Strategic Resources SCCFF +1.23% 35 Change In Receivables is $-0.01 Mil as of Mar. 2023. GuruFocus rates SCCFF with a GF Score™ of 35/100.

Strategic Resources's change in receivables for the quarter that ended in Mar. 2023 was $0.00 Mil. It means Strategic Resources's Accounts Receivable stayed the same from Dec. 2022 to Mar. 2023 .

Strategic Resources's change in receivables for the fiscal year that ended in Dec. 2021 was $-0.00 Mil. It means Strategic Resources's Accounts Receivable increased by $0.00 Mil from Dec. 2020 to Dec. 2021 .

Strategic Resources's Accounts Receivable for the quarter that ended in Mar. 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. Strategic Resources's liquidation value for the three months ended in Mar. 2023 was $-18.71 Mil.

Strategic Resources  (OTCPK:SCCFF) 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.

Strategic Resources's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

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

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

Strategic Resources's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.388-28.098+0.75 * 0+0.5 * 0
=-18.71

* 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.

Strategic Resources Change In Receivables Related Terms

Strategic Resources Change In Receivables Historical Data

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The historical data trend for Strategic 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.

Strategic Resources Change In Receivables Chart

Strategic Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.02 0.01 -0.00

Strategic Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.01 0.00
SCCFF
35GF Score
Strategic Resources Inc SCCFF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Strategic 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-0.01 Mil mean?
Strategic Resources (SCCFF) has a Change In Receivables of $-0.01 Mil as of Mar. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Strategic Resources and its competitors.
Is Strategic Resources' Change In Receivables too high?
Strategic Resources' current Change In Receivables is $-0.01 Mil. Overall, Strategic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Strategic Resources' Change In Receivables compare to competitors?
Strategic Resources' Change In Receivables of $-0.01 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Metals & Mining company?
A good Change In Receivables depends on the Metals & Mining industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Strategic Resources and its competitors. Strategic Resources's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategic Resources stock overvalued right now?
Strategic Resources (SCCFF) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 Mil. Strategic Resources' overall GF Score™ is 35/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Strategic Resources (SCCFF), the current Change In Receivables is $-0.01 Mil as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Strategic Resources Business Description

Address 1155 Metcalfe Street, Suite 1539, Montreal, QC, CAN, H3B 2V6
Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, metallic iron, and critical minerals. The company has assets in two mining jurisdictions, including the BlackRock Vanadium-Titanium-Iron Project in Chibougamau, Quebec, where it is developing a mining property and pellet plant in Saguenay, Quebec. The company also holds the Mustavaara vanadium project in Finland. Strategic Resources supplies metallic iron for foundry and steel producers in North America and Europe.
35GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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