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TTLXF (Tantalex Lithium Resources) Change In Receivables : $-0.00 Mil (TTM As of Nov. 2024)


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What is Tantalex Lithium Resources Change In Receivables?

Tantalex Lithium Resources's change in receivables for the quarter that ended in Nov. 2024 was $-0.01 Mil. It means Tantalex Lithium Resources's Accounts Receivable increased by $0.01 Mil from Aug. 2024 to Nov. 2024 .

Tantalex Lithium Resources's change in receivables for the fiscal year that ended in Feb. 2024 was $-0.01 Mil. It means Tantalex Lithium Resources's Accounts Receivable increased by $0.01 Mil from Feb. 2023 to Feb. 2024 .

Tantalex Lithium Resources's Accounts Receivable for the quarter that ended in Nov. 2024 was $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. Tantalex Lithium Resources's liquidation value for the three months ended in Nov. 2024 was $-33.19 Mil.

Tantalex Lithium Resources Change In Receivables Historical Data

The historical data trend for Tantalex Lithium 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.

Tantalex Lithium Resources Change In Receivables Chart

Tantalex Lithium Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.02 -0.03 -0.01

Tantalex Lithium Resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.04 0.06 -0.04 -0.01 -0.01

Tantalex Lithium 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-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.

Tantalex Lithium Resources  (OTCPK:TTLXF) 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.

Tantalex Lithium Resources's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

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

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

Tantalex Lithium Resources's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.128-33.953+0.75 * 0+0.5 * 1.263
=-33.19

* 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.

Tantalex Lithium Resources Change In Receivables Related Terms

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Tantalex Lithium Resources Business Description

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Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1
Website
https://www.tantalexlithium.com
Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high-tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Titan. It has one operating segment being the sector of exploration and evaluation of mineral resources.