Delta Resources (TSXV:DLTA) Change In Receivables : C$-0.04 Mil (TTM As of Mar. 2024)

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What is Delta Resources Change In Receivables?

Delta Resources's change in receivables for the quarter that ended in Mar. 2024 was C$0.39 Mil. It means Delta Resources's Accounts Receivable declined by C$0.39 Mil from Dec. 2023 to Mar. 2024 .

Delta Resources's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.35 Mil. It means Delta Resources's Accounts Receivable increased by C$0.35 Mil from Dec. 2022 to Dec. 2023 .

Delta Resources's Accounts Receivable for the quarter that ended in Mar. 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. Delta Resources's liquidation value for the three months ended in Mar. 2024 was C$-0.13 Mil.

Delta Resources Change In Receivables Historical Data

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

Delta Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.04

-0.09

0.03

-0.12

-0.35

Delta Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.08	-0.13	-0.26	-0.04	0.39

Delta 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Delta Resources (TSXV:DLTA) 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.

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

Delta Resources's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.18	-	1.309	+	0.75 * 0	+	0.5 * 0
=	-0.13

Delta Resources Change In Receivables Related Terms

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Delta Resources (TSXV:DLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Delta Resources Ltd (TSXV:DLTA) » Definitions » Change In Receivables

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Traded in Other Exchanges

DTARF:USA 6GO1:Germany

Address

1718 Christine Street, Kingston, ON, CAN, K7L 4V4

Website

https://www.deltaresources.ca

Delta Resources Ltd is a Canadian mineral exploration company focused on growing shareholder value through the exploration of two high-potential gold and base-metal projects. It has a single operating segment which is the acquisition, exploration and development of exploration properties. The company has 100% ownership in the DELTA-1 Gold project in Thunder Bay, Ontario, DELTA-2 Gold polymetallic project in Chibougamau, Quebec and the Bellechasse-Timmins Gold project located in southeastern Quebec.

Executives

André Tessier

Director, Senior Officer

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