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Tower Resources (TSXV:TWR) Change In Receivables : C$0.01 Mil (TTM As of Jan. 2025)


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What is Tower Resources Change In Receivables?

Tower Resources's change in receivables for the quarter that ended in Jan. 2025 was C$0.01 Mil. It means Tower Resources's Accounts Receivable declined by C$0.01 Mil from Oct. 2024 to Jan. 2025 .

Tower Resources's change in receivables for the fiscal year that ended in Oct. 2024 was C$-0.00 Mil. It means Tower Resources's Accounts Receivable increased by C$0.00 Mil from Oct. 2023 to Oct. 2024 .

Tower Resources's Accounts Receivable for the quarter that ended in Jan. 2025 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. Tower Resources's liquidation value for the three months ended in Jan. 2025 was C$0.69 Mil.


Tower Resources Change In Receivables Historical Data

The historical data trend for Tower 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.

Tower Resources Change In Receivables Chart

Tower Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 0.01 - -

Tower Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - 0.02 -0.01 -0.02 0.01

Tower 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 Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.


Tower Resources  (TSXV:TWR) 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.

Tower Resources's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

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

Tower Resources's liquidation value for the quarter that ended in Jan. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.932-0.241+0.75 * 0+0.5 * 0
=0.69

* 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.


Tower Resources Change In Receivables Related Terms

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Tower Resources Business Description

Traded in Other Exchanges
Address
40440 Thunderbird Ridge B1831, Garibaldi Highlands, BC, CAN, V0N 1T0
Tower Resources Ltd is a mineral exploration company engaged in the acquisition and exploration of exploration and evaluation assets domiciled in Canada. Geographically, it operates only in Canada. Its project portfolio includes Rabbit North; Nechako Gold and More Creek.
Executives
R. Joe Dhami Director, Senior Officer
Stuart Allan Averill Director
Brian Tingle 10% Security Holder

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