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Metalore Resources (TSXV:MET) Change In Receivables : C$0.08 Mil (TTM As of Dec. 2023)


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What is Metalore Resources Change In Receivables?

Metalore Resources's change in receivables for the quarter that ended in Dec. 2023 was C$0.01 Mil. It means Metalore Resources's Accounts Receivable declined by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

Metalore Resources's change in receivables for the fiscal year that ended in Mar. 2023 was C$0.06 Mil. It means Metalore Resources's Accounts Receivable declined by C$0.06 Mil from Mar. 2022 to Mar. 2023 .

Metalore Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.04 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. Metalore Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Metalore Resources's liquidation value for the three months ended in Dec. 2023 was C$3.63 Mil.


Metalore Resources Change In Receivables Historical Data

The historical data trend for Metalore 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.

* Premium members only.

Metalore Resources Change In Receivables Chart

Metalore Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 -0.02 -0.04 0.06

Metalore Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.07 0.02 -0.02 0.01

Metalore 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.08 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.


Metalore Resources  (TSXV:MET) 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.

Metalore Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.042/0.121*91
=31.67

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

Metalore Resources's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.068-1.484+0.75 * 0.042+0.5 * 0.033
=3.63

* 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.


Metalore Resources Change In Receivables Related Terms

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Metalore Resources (TSXV:MET) Business Description

Traded in Other Exchanges
Address
124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8
Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.

Metalore Resources (TSXV:MET) Headlines