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SCTSD (Scottie Resources) Change In Receivables : $-0.34 Mil (TTM As of May. 2024)


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What is Scottie Resources Change In Receivables?

Scottie Resources's change in receivables for the quarter that ended in May. 2024 was $-0.04 Mil. It means Scottie Resources's Accounts Receivable increased by $0.04 Mil from Feb. 2024 to May. 2024 .

Scottie Resources's change in receivables for the fiscal year that ended in Aug. 2023 was $-0.33 Mil. It means Scottie Resources's Accounts Receivable increased by $0.33 Mil from Aug. 2022 to Aug. 2023 .

Scottie Resources's Accounts Receivable for the quarter that ended in May. 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. Scottie Resources's liquidation value for the three months ended in May. 2024 was $7.31 Mil.


Scottie Resources Change In Receivables Historical Data

The historical data trend for Scottie 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.

* Premium members only.

Scottie Resources Change In Receivables Chart

Scottie Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.12 0.03 -0.25 -0.33

Scottie Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.01 -0.27 -0.02 -0.01 -0.04

Scottie 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 May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.34 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.


Scottie Resources  (OTCPK:SCTSD) 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.

Scottie Resources's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.004/0*91
=

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

Scottie Resources's liquidation value for the quarter that ended in May. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.193-0.888+0.75 * 0.004+0.5 * 0
=7.31

* 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.


Scottie Resources Change In Receivables Related Terms

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Scottie Resources Business Description

Traded in Other Exchanges
Address
1111 West Hastings Street, Suite 905, Vancouver, BC, CAN, V6E 2J3
Scottie Resources Corp is a gold and silver exploration company with properties located in the Golden Triangle area of British Columbia, Canada. Scottie owns interests in Scottie Gold Mine Project, Cambria Project, Georgia River Project, and Enterprise Project.