Usha Resources (TSXV:USHA) Change In Receivables : C$0.24 Mil (TTM As of Dec. 2023)

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What is Usha Resources Change In Receivables?

Usha Resources's change in receivables for the quarter that ended in Dec. 2023 was C$0.08 Mil. It means Usha Resources's Accounts Receivable declined by C$0.08 Mil from Sep. 2023 to Dec. 2023 .

Usha Resources's change in receivables for the fiscal year that ended in Mar. 2023 was C$0.01 Mil. It means Usha Resources's Accounts Receivable declined by C$0.01 Mil from Mar. 2022 to Mar. 2023 .

Usha Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.19 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. Usha Resources's liquidation value for the three months ended in Dec. 2023 was C$1.29 Mil.

Usha Resources Change In Receivables Historical Data

The historical data trend for Usha 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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Usha Resources Change In Receivables Chart

Usha Resources Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.02

0.01

Usha Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.01	-0.10	0.16	-	0.08

Usha 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$0.24 Mil.

Usha Resources (TSXV:USHA) 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.

Usha 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
=	0.186	/	0	*	91
=

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

Usha 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)
=	1.352	-	0.202	+	0.75 * 0.186	+	0.5 * 0
=	1.29

Usha Resources Change In Receivables Related Terms

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Usha Resources (TSXV:USHA) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Usha Resources Ltd (TSXV:USHA) » Definitions » Change In Receivables

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USHAF:USA JO00:Germany

Address

1575 Kamloops Street, Vancouver, BC, CAN, V5K 3W1

Website

https://www.usharesources.com

Usha Resources Ltd is a North American mineral acquisition and exploration company focused on the development of quality battery and precious metal properties that are drill-ready with high-upside and expansion potential. Based in Vancouver, BC, Usha's portfolio of strategic properties provides target-rich diversification and consists of Jackpot Lake, a lithium project in Nevada; Nicobat, a nickel-copper-cobalt project in Ontario; and Lost Basin, a gold-copper project in Arizona.

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