Leading Edge Materials (TSXV:LEM) Change In Receivables : C$-0.12 Mil (TTM As of Jan. 2024)

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What is Leading Edge Materials Change In Receivables?

Leading Edge Materials's change in receivables for the quarter that ended in Jan. 2024 was C$0.06 Mil. It means Leading Edge Materials's Accounts Receivable declined by C$0.06 Mil from Oct. 2023 to Jan. 2024 .

Leading Edge Materials's change in receivables for the fiscal year that ended in Oct. 2023 was C$-0.18 Mil. It means Leading Edge Materials's Accounts Receivable increased by C$0.18 Mil from Oct. 2022 to Oct. 2023 .

Leading Edge Materials'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. Leading Edge Materials's liquidation value for the three months ended in Jan. 2024 was C$-3.48 Mil.

Leading Edge Materials Change In Receivables Historical Data

The historical data trend for Leading Edge Materials'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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Leading Edge Materials Change In Receivables Chart

Leading Edge Materials Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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0.01

0.02

-0.18

Leading Edge Materials Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-0.17	0.06

Leading Edge Materials 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$-0.12 Mil.

Leading Edge Materials (TSXV:LEM) 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.

Leading Edge Materials'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, Leading Edge Materials's accounts receivable are only considered to be worth 75% of book value:

Leading Edge Materials'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)
=	2.21	-	5.774	+	0.75 * 0	+	0.5 * 0.165
=	-3.48

Leading Edge Materials Change In Receivables Related Terms

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Leading Edge Materials (TSXV:LEM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Leading Edge Materials Corp (TSXV:LEM) » Definitions » Change In Receivables

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Traded in Other Exchanges

LEMIF:USA LEMSE:Sweden 7FL:Germany

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.leadingedgematerials.com

Leading Edge Materials Corp is a Canada based exploration company. It is involved in the exploration and development of resource properties in Sweden and Finland with corporate operations in Canada. The company is focused on the supply of the materials needed for the generation, storage, and preservation of low carbon energy. The properties owned by the company are Woxna Graphite Mine located in central Sweden, and Norra Karr Mine, a rare earth element resource, located in south-central Sweden, and Bergby project.

Executives

Lars-eric Johansson

Director

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