Forum Energy Metals (TSXV:FMC) Change In Receivables : C$-0.14 Mil (TTM As of Nov. 2024)

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What is Forum Energy Metals Change In Receivables?

Forum Energy Metals's change in receivables for the quarter that ended in Nov. 2024 was C$0.18 Mil. It means Forum Energy Metals's Accounts Receivable declined by C$0.18 Mil from Aug. 2024 to Nov. 2024 .

Forum Energy Metals's change in receivables for the fiscal year that ended in Nov. 2024 was C$-0.14 Mil. It means Forum Energy Metals's Accounts Receivable increased by C$0.14 Mil from Nov. 2023 to Nov. 2024 .

Forum Energy Metals's Accounts Receivable for the quarter that ended in Nov. 2024 was C$0.17 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. Forum Energy Metals's liquidation value for the three months ended in Nov. 2024 was C$-1.02 Mil.

Forum Energy Metals Change In Receivables Historical Data

The historical data trend for Forum Energy Metals'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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Forum Energy Metals Change In Receivables Chart

Forum Energy Metals Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Change In Receivables

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0.02

-0.09

0.15

-0.14

Forum Energy Metals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Receivables	Get a 7-Day Free Trial															0.12	-0.01	-0.06	-0.24	0.18

Forum Energy Metals 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.14 Mil.

Forum Energy Metals (TSXV:FMC) 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.

Forum Energy Metals's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.171	/	0	*	91
=

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

Forum Energy Metals's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.601	-	1.754	+	0.75 * 0.171	+	0.5 * 0
=	-1.02

Forum Energy Metals Change In Receivables Related Terms

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Forum Energy Metals Business Description

Industry

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FDCFF:USA

Address

800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6

Website

https://www.forumenergymetals.com

Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.

Executives

Richard James Mazur	Director, Senior Officer
Daniel O'brien	Senior Officer
Anthony David Nettleton Balme	Director
Brian James Christie	Director
Michael Albert Steeves	Director
David John Cowan	Director
Kenneth Lewis Wheatley	Senior Officer
Burns Singh Tennent-bhohi	Director
Larry Minoru Okada	Director