STHFF (Stelmine Canada) Change In Receivables: $0.61 Mil (TTM As of Apr. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Stelmine Canada Change In Receivables?

Stelmine Canada STHFF -90.00% Change In Receivables is $0.61 Mil as of Apr. 2024.

Stelmine Canada's change in receivables for the quarter that ended in Apr. 2024 was $0.04 Mil. It means Stelmine Canada's Accounts Receivable declined by $0.04 Mil from Jan. 2024 to Apr. 2024 .

Stelmine Canada's change in receivables for the fiscal year that ended in Jul. 2023 was $0.48 Mil. It means Stelmine Canada's Accounts Receivable declined by $0.48 Mil from Jul. 2022 to Jul. 2023 .

Stelmine Canada's Accounts Receivable for the quarter that ended in Apr. 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. Stelmine Canada's liquidation value for the three months ended in Apr. 2024 was $-0.60 Mil.

Stelmine Canada  (OTCPK:STHFF) 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.

Stelmine Canada's Days Sales Outstanding for the quarter that ended in Apr. 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, Stelmine Canada's accounts receivable are only considered to be worth 75% of book value:

Stelmine Canada's liquidation value for the quarter that ended in Apr. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=-0.145-0.45+0.75 * 0+0.5 * 0
=-0.60

* 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.

Stelmine Canada Change In Receivables Related Terms

Stelmine Canada Change In Receivables Historical Data

* Premium members only.

The historical data trend for Stelmine Canada'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.

Stelmine Canada Change In Receivables Chart

Stelmine Canada Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 -0.00 -0.08 -0.51 0.48

Stelmine Canada Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.03 0.51 -0.38 0.43 0.04

Stelmine Canada 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.61 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 $0.61 Mil mean?
Stelmine Canada (STHFF) has a Change In Receivables of $0.61 Mil as of Apr. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Stelmine Canada and its competitors.
Is Stelmine Canada's Change In Receivables too high?
Stelmine Canada's current Change In Receivables is $0.61 Mil.
How does Stelmine Canada's Change In Receivables compare to NRHI and ENRT?
Stelmine Canada's Change In Receivables of $0.61 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 Stelmine Canada and its competitors. Stelmine Canada's current Change In Receivables is $0.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stelmine Canada stock overvalued right now?
Stelmine Canada (STHFF) has a current Change In Receivables of $0.61 Mil. The current Change In Receivables is $0.61 Mil. 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 Stelmine Canada (STHFF), the current Change In Receivables is $0.61 Mil as of Apr. 2024. 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.

Stelmine Canada Business Description

Address 8255 Boulevard Henri-Bourassa, Bureau 230, Quebec, QC, CAN, G1G 4C8
Stelmine Canada Ltd is a Canadian mineral exploration company. It is engaged in the acquisition, exploration, production, and development of mining properties in Quebec. Its asset portfolio includes Courcy Property, Mercator Property, Joubert Property, Nouvelles property, Ilnu property, and Trieste Property.