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Colossus Resources (TSXV:CLUS) Change In Receivables : C$0.01 Mil (TTM As of Feb. 2025)


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What is Colossus Resources Change In Receivables?

Colossus Resources's change in receivables for the quarter that ended in Feb. 2025 was C$0.00 Mil. It means Colossus Resources's Accounts Receivable declined by C$0.00 Mil from Nov. 2024 to Feb. 2025 .

Colossus Resources's change in receivables for the fiscal year that ended in May. 2024 was C$0.02 Mil. It means Colossus Resources's Accounts Receivable declined by C$0.02 Mil from May. 2023 to May. 2024 .

Colossus Resources's Accounts Receivable for the quarter that ended in Feb. 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. Colossus Resources's liquidation value for the three months ended in Feb. 2025 was C$-0.24 Mil.


Colossus Resources Change In Receivables Historical Data

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

Colossus Resources Annual Data
Trend May21 May22 May23 May24
Change In Receivables
- -0.01 - 0.02

Colossus Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 - 0.01 - - -

Colossus 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 Feb. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.


Colossus Resources  (TSXV:CLUS) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0*91
=

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.003-0.242+0.75 * 0.002+0.5 * 0
=-0.24

* 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.


Colossus Resources Change In Receivables Related Terms

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Colossus Resources Business Description

Traded in Other Exchanges
N/A
Address
2475 Queens Avenue, West Vancouver, Vancouver, BC, CAN, V7V2Y9
Colossus Resources Corp is an exploration and development stage mining company. The company's principal business activities include the acquisition and exploration of mineral property assets. The company holds interests in early-stage mineral exploration properties in Ontario. It holds interest in Master Cu Project; Little Joe Fault Cu Project; and Red Lake Pringle South Project. The Company operates in one reportable operating segment being the acquisition, exploration and evaluation of exploration and evaluation assets in Canada.
Executives
Ioannis Tsitos Director
Charalambos Katevatis Director, Senior Officer

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