Arras Minerals (TSXV:ARK) Change In Receivables : C$-0.01 Mil (TTM As of Jan. 2024)

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What is Arras Minerals Change In Receivables?

Arras Minerals's change in receivables for the quarter that ended in Jan. 2024 was C$-0.00 Mil. It means Arras Minerals's Accounts Receivable increased by C$0.00 Mil from Oct. 2023 to Jan. 2024 .

Arras Minerals's change in receivables for the fiscal year that ended in Oct. 2023 was C$0.01 Mil. It means Arras Minerals's Accounts Receivable declined by C$0.01 Mil from Oct. 2022 to Oct. 2023 .

Arras Minerals's Accounts Receivable for the quarter that ended in Jan. 2024 was C$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. Arras Minerals's liquidation value for the three months ended in Jan. 2024 was C$-0.56 Mil.

Arras Minerals Change In Receivables Historical Data

The historical data trend for Arras 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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Arras Minerals Change In Receivables Chart

Arras Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Change In Receivables

0.48

0.01

Arras Minerals Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial							0.01	-0.02	0.02	-0.01	-

Arras 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

Arras Minerals (TSXV:ARK) 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.

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.996	-	1.558	+	0.75 * 0	+	0.5 * 0
=	-0.56

Arras Minerals Change In Receivables Related Terms

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Arras Minerals (TSXV:ARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arras Minerals Corp (TSXV:ARK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ARRKF:USA

Address

777 Dunsmuir Street, Suite 1605, PO Box 10414, Vancouver, BC, CAN, V7Y 1K4

Website

https://www.arrasminerals.com

Arras Minerals Corp is engaged in the acquisition, exploration, and development of mineral property interests. The company's assets consist of the option to acquire a 100% interest in the Beskauga property (Beskauga) in Kazakhstan. It engages in advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project.

Executives

Darren Ervin Charles Klinck

Senior Officer

Arras Minerals (TSXV:ARK) Headlines

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