Teras Resources (TSXV:TRA) Change In Receivables : C$-0.00 Mil (TTM As of Feb. 2023)

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What is Teras Resources Change In Receivables?

Teras Resources's change in receivables for the quarter that ended in Feb. 2023 was C$-0.00 Mil. It means Teras Resources's Accounts Receivable increased by C$0.00 Mil from Nov. 2022 to Feb. 2023 .

Teras Resources's change in receivables for the fiscal year that ended in May. 2022 was C$0.01 Mil. It means Teras Resources's Accounts Receivable declined by C$0.01 Mil from May. 2021 to May. 2022 .

Teras Resources's Accounts Receivable for the quarter that ended in Feb. 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. Teras Resources's liquidation value for the three months ended in Feb. 2023 was C$-0.68 Mil.

Teras Resources Change In Receivables Historical Data

The historical data trend for Teras 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.

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Teras Resources Change In Receivables Chart

Teras Resources Annual Data

Trend

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Change In Receivables

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0.01

Teras Resources Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	-	0.01	-

Teras 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 Mil.

Teras Resources (TSXV:TRA) 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.

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

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

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.251	-	0.933	+	0.75 * 0	+	0.5 * 0
=	-0.68

Teras Resources Change In Receivables Related Terms

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Teras Resources (TSXV:TRA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teras Resources Inc (TSXV:TRA) » Definitions » Change In Receivables

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TRARF:USA

Address

206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1

Website

https://www.teras.ca

Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.

Executives

Joe Carrabba

Director, Senior Officer

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