Usha Resources (TSXV:USHA) Change In Receivables : C$0.08 Mil (TTM As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Usha Resources Change In Receivables?

Usha Resources's change in receivables for the quarter that ended in Jun. 2024 was C$0.09 Mil. It means Usha Resources's Accounts Receivable declined by C$0.09 Mil from Dec. 2023 to Jun. 2024 .

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 Jun. 2024 was C$0.14 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 Jun. 2024 was C$0.89 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.

* Premium members only.

Usha Resources Change In Receivables Chart

Usha Resources Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

-0.02

0.01

Usha Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															0.16	-0.05	-0.09	0.08	0.09

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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.08 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 Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.144	/	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 Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.063	-	0.283	+	0.75 * 0.144	+	0.5 * 0
=	0.89

Usha Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of Usha Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Usha Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

USHAF:USA JO00:Germany

Address

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

Website

https://www.usharesources.com

Usha Resources Ltd is a mineral acquisition and exploration company focused on the development of quality battery metal properties that are drill-ready with high-upside and expansion potential. It is engaged in acquiring and exploring interests in mineral properties located in North America. The company's portfolio includes Jackpot Lake, a lithium brine project in Nevada, and six lithium pegmatite projects in Ontario: White Willow, Triangle Lake, Gathering Lake, Lee Lake, Bluett, and Mead project.

Executives

Deepak Varshney	10% Security Holder, Director, Senior Officer
Navin Kumar Varshney	Director
Leif Smither	Director

Usha Resources Headlines

No Headlines