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Norse Gold (TSXV:VKG.H) Change In Receivables : C$-0.00 Mil (TTM As of Mar. 2024)


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What is Norse Gold Change In Receivables?

Norse Gold's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Norse Gold's Accounts Receivable declined by C$0.00 Mil from Dec. 2023 to Mar. 2024 .

Norse Gold's change in receivables for the fiscal year that ended in Jun. 2023 was C$0.00 Mil. It means Norse Gold's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Norse Gold's Accounts Receivable for the quarter that ended in Mar. 2024 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. Norse Gold's liquidation value for the three months ended in Mar. 2024 was C$-0.24 Mil.


Norse Gold Change In Receivables Historical Data

The historical data trend for Norse 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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Norse Gold Change In Receivables Chart

Norse Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
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Norse Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Norse 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.00 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.


Norse Gold  (TSXV:VKG.H) 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.

Norse Gold's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Norse Gold's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.004-0.24+0.75 * 0+0.5 * 0
=-0.24

* 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.


Norse Gold Change In Receivables Related Terms

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Norse Gold (TSXV:VKG.H) Business Description

Traded in Other Exchanges
N/A
Address
240 Connemara Road, Comox, BC, CAN, V9M 3T4
Norse Gold Corp is a Canada-based company engaged in the acquisition, exploration, and development of natural resources in Canada. It operates through the Yellow Knife Gold Project situated in the Yellowknife Gold Belt in the north of Yellowknife.

Norse Gold (TSXV:VKG.H) Headlines

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