Argentina Lithium & Energy (TSXV:LIT) Change In Receivables : C$0.10 Mil (TTM As of Sep. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Argentina Lithium & Energy Change In Receivables?

Argentina Lithium & Energy's change in receivables for the quarter that ended in Sep. 2024 was C$0.02 Mil. It means Argentina Lithium & Energy's Accounts Receivable declined by C$0.02 Mil from Jun. 2024 to Sep. 2024 .

Argentina Lithium & Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.04 Mil. It means Argentina Lithium & Energy's Accounts Receivable declined by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

Argentina Lithium & Energy's Accounts Receivable for the quarter that ended in Sep. 2024 was C$0.02 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. Argentina Lithium & Energy's liquidation value for the three months ended in Sep. 2024 was C$-0.03 Mil.

Argentina Lithium & Energy Change In Receivables Historical Data

The historical data trend for Argentina Lithium & Energy'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.

* Premium members only.

Argentina Lithium & Energy Change In Receivables Chart

Argentina Lithium & Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.03

-0.08

0.04

Argentina Lithium & Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															0.02	0.05	-0.03	0.06	0.02

Argentina Lithium & Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.10 Mil.

Argentina Lithium & Energy (TSXV:LIT) 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.

Argentina Lithium & Energy's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.021	/	0	*	91
=

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

Argentina Lithium & Energy's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.407	-	1.453	+	0.75 * 0.021	+	0.5 * 0
=	-0.03

Argentina Lithium & Energy Change In Receivables Related Terms

Thank you for viewing the detailed overview of Argentina Lithium & Energy's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Argentina Lithium & Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argentina Lithium & Energy Corp (TSXV:LIT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

LILIF:USA OAY3:Germany OAY3:Germany OAY3:Germany

Address

837 West Hastings Street, Suite 411, Vancouver, BC, CAN, V6C 3N6

Website

https://www.argentinalithium.com

Argentina Lithium & Energy Corp is a natural resource company engaged in acquiring and exploring resource properties in the Americas and Argentina. Some of its projects are the Antofalla lithium project; Rincon West, Pocitos project, Antofalla North project, and the Incahuasi Lithium project.

Executives