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Summit Resources (Summit Resources) Change In Receivables : $0.00 Mil (TTM As of Dec. 2017)


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What is Summit Resources Change In Receivables?

Summit Resources's change in receivables for the quarter that ended in Dec. 2017 was $0.00 Mil. It means Summit Resources's Accounts Receivable stayed the same from Jun. 2017 to Dec. 2017 .

Summit Resources's change in receivables for the fiscal year that ended in Jun. 2018 was $0.00 Mil. It means Summit Resources's Accounts Receivable stayed the same from Jun. 2017 to Jun. 2018 .

Summit Resources's Accounts Receivable for the quarter that ended in Dec. 2017 was $0.05 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. Summit Resources's liquidation value for the six months ended in Dec. 2017 was $0.10 Mil.


Summit Resources Change In Receivables Historical Data

The historical data trend for Summit 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.

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Summit Resources Change In Receivables Chart

Summit Resources Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Change In Receivables
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Summit Resources Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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Summit 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 Dec. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.


Summit Resources  (OTCPK:SRCSF) 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.

Summit Resources's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.054/0*91
=

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

Summit Resources's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.192-0.129+0.75 * 0.054+0.5 * 0
=0.10

* 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.


Summit Resources Change In Receivables Related Terms

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Summit Resources (Summit Resources) Business Description

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Summit Resources Ltd is an Australian based uranium exploration company. It is engaged in the exploration and evaluation of uranium projects in Queensland, Australia.

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