Commerce Resources (TSXV:CCE) Change In Receivables : C$-0.43 Mil (TTM As of Jan. 2025)

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What is Commerce Resources Change In Receivables?

Commerce Resources's change in receivables for the quarter that ended in Jan. 2025 was C$0.11 Mil. It means Commerce Resources's Accounts Receivable declined by C$0.11 Mil from Oct. 2024 to Jan. 2025 .

Commerce Resources's change in receivables for the fiscal year that ended in Oct. 2024 was C$-0.57 Mil. It means Commerce Resources's Accounts Receivable increased by C$0.57 Mil from Oct. 2023 to Oct. 2024 .

Commerce Resources's Accounts Receivable for the quarter that ended in Jan. 2025 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. Commerce Resources's liquidation value for the three months ended in Jan. 2025 was C$-0.76 Mil.

Commerce Resources Change In Receivables Historical Data

The historical data trend for Commerce 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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Commerce Resources Change In Receivables Chart

Commerce Resources Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

Change In Receivables

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0.13

-0.27

-0.26

0.22

-0.57

Commerce Resources Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Change In Receivables	Get a 7-Day Free Trial															-0.03	-0.08	-0.31	-0.16	0.11

Commerce 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.43 Mil.

Commerce Resources (TSXV:CCE) 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.

Commerce Resources's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

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

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

Commerce Resources's liquidation value for the quarter that ended in Jan. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.766	-	1.528	+	0.75 * 0	+	0.5 * 0
=	-0.76

Commerce Resources Change In Receivables Related Terms

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Commerce Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Commerce Resources Corp (TSXV:CCE) » Definitions » Change In Receivables

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Traded in Other Exchanges

CMRZF:USA D7H0:Germany

Address

789 West Pender, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.commerceresources.com

Commerce Resources Corp is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit located within their Eldor Property in northern Quebec, Canada. The Ashram Deposit is characterized by simple rare earth (monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage resource at favorable grade, and has demonstrated the production of high-grade mineral concentrates at high recovery. The Ashram Deposit also has a fluorspar component which could be a long-term supplier to the met-spar and acid-spar markets. The Company is focused on being a long-term supplier of mixed rare earth carbonate and/or NdPr oxide to the market.

Executives

Ross Carroll	Senior Officer
Jody Dahrouge	Director
Chris Grove	Director
David Hodge	Director, Senior Officer
Zimtu Capital Corp.	10% Security Holder

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