SMNRD (S2 Minerals) Change In Receivables : $0.00 Mil (TTM As of Aug. 2024)

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What is S2 Minerals Change In Receivables?

S2 Minerals's change in receivables for the quarter that ended in Aug. 2024 was $-0.00 Mil. It means S2 Minerals's Accounts Receivable increased by $0.00 Mil from May. 2024 to Aug. 2024 .

S2 Minerals's change in receivables for the fiscal year that ended in May. 2024 was $0.00 Mil. It means S2 Minerals's Accounts Receivable stayed the same from May. 2023 to May. 2024 .

S2 Minerals's Accounts Receivable for the quarter that ended in Aug. 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. S2 Minerals's liquidation value for the three months ended in Aug. 2024 was $0.20 Mil.

S2 Minerals Change In Receivables Historical Data

The historical data trend for S2 Minerals'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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S2 Minerals Change In Receivables Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

May24

Change In Receivables

0.01

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial										-	-	-	-	-

S2 Minerals 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

S2 Minerals (OTCPK:SMNRD) 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.

S2 Minerals's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

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

2. In Ben Graham's calculation of liquidation value, S2 Minerals's accounts receivable are only considered to be worth 75% of book value:

S2 Minerals's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.216	-	0.012	+	0.75 * 0	+	0.5 * 0
=	0.20

S2 Minerals Change In Receivables Related Terms

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S2 Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » S2 Minerals Inc (OTCPK:SMNRD) » Definitions » Change In Receivables

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STWO:Canada

Address

141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.s2minerals.com

S2 Minerals Inc is a mineral exploration company with a focus on the exploration and development of the Sandy Lake Property in Ontario, Canada.

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