Norrland Gold (TSXV:NORR) Change In Receivables : C$0.01 Mil (TTM As of Dec. 2023)

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What is Norrland Gold Change In Receivables?

Norrland Gold's change in receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Norrland Gold's Accounts Receivable declined by C$0.00 Mil from Sep. 2023 to Dec. 2023 .

Norrland Gold's change in receivables for the fiscal year that ended in Mar. 2023 was C$-0.00 Mil. It means Norrland Gold's Accounts Receivable increased by C$0.00 Mil from Mar. 2022 to Mar. 2023 .

Norrland Gold's Accounts Receivable for the quarter that ended in Dec. 2023 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. Norrland Gold's liquidation value for the three months ended in Dec. 2023 was C$0.35 Mil.

Norrland Gold Change In Receivables Historical Data

The historical data trend for Norrland Gold'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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Norrland Gold Change In Receivables Chart

Norrland Gold Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-0.01

Norrland Gold Quarterly Data
	May20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-	-	0.01	-	-

Norrland Gold 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$0.01 Mil.

Norrland Gold (TSXV:NORR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.003	/	0	*	91
=

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

Norrland Gold'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)
=	0.457	-	0.105	+	0.75 * 0.003	+	0.5 * 0
=	0.35

Norrland Gold Change In Receivables Related Terms

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Norrland Gold (TSXV:NORR) Business Description

Industry

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Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.norrlandgold.com

Norrland Gold Corp is a precious metals exploration company that is focused on gold discovery in mineral-rich Sweden. It owns the Vittantrasket No. 1 tenement located in the municipality of Lycksele, Sweden that is an early-stage gold exploration project.

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