Strategic Metals (Strategic Metals) Change In Receivables : $0.09 Mil (TTM As of Dec. 2023)

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What is Strategic Metals Change In Receivables?

Strategic Metals's change in receivables for the quarter that ended in Dec. 2023 was $0.03 Mil. It means Strategic Metals's Accounts Receivable declined by $0.03 Mil from Sep. 2023 to Dec. 2023 .

Strategic Metals's change in receivables for the fiscal year that ended in Dec. 2023 was $0.09 Mil. It means Strategic Metals's Accounts Receivable declined by $0.09 Mil from Dec. 2022 to Dec. 2023 .

Strategic Metals's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.02 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 Metals's liquidation value for the three months ended in Dec. 2023 was $0.76 Mil.

Strategic Metals Change In Receivables Historical Data

The historical data trend for Strategic Metals'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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Strategic Metals Change In Receivables Chart

Strategic Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.16

-0.04

0.12

-0.06

0.09

Strategic Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.05	0.06	-0.03	0.02	0.03

Strategic Metals 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 quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

Strategic Metals (OTCPK:SMDZF) 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 Metals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.016	/	0	*	91
=

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

Strategic Metals'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)
=	5.361	-	4.615	+	0.75 * 0.016	+	0.5 * 0
=	0.76

Strategic Metals Change In Receivables Related Terms

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Strategic Metals (Strategic Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Metals Ltd (OTCPK:SMDZF) » Definitions » Change In Receivables

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Traded in Other Exchanges

3FL:Germany SMD:Canada

Address

1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6

Website

https://www.strategicmetalsltd.com

Strategic Metals Ltd is a mineral exploration company. It is engaged in the business activity of acquisition, exploration, and evaluation of mineral properties located in Canada. The company's wholly-owned projects include the Copper-Gold Porphyry Projects; Mount Hinton; Hopper Project; Kluane; Vault; Meloy; Alotta; Mint Project; Midas Touch Project; Craig Deposit; Saloon; Sawbuck; Dabb; Sixty Mile; Hartless Joe; and Additional Properties Available for Option.