Goldflare Exploration (Goldflare Exploration) Change In Receivables : $0.02 Mil (TTM As of Nov. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Goldflare Exploration Change In Receivables?

Goldflare Exploration's change in receivables for the quarter that ended in Nov. 2023 was $-0.03 Mil. It means Goldflare Exploration's Accounts Receivable increased by $0.03 Mil from Aug. 2023 to Nov. 2023 .

Goldflare Exploration's change in receivables for the fiscal year that ended in Feb. 2023 was $-0.04 Mil. It means Goldflare Exploration's Accounts Receivable increased by $0.04 Mil from Feb. 2022 to Feb. 2023 .

Goldflare Exploration's Accounts Receivable for the quarter that ended in Nov. 2023 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. Goldflare Exploration's liquidation value for the three months ended in Nov. 2023 was $0.02 Mil.

Goldflare Exploration Change In Receivables Historical Data

The historical data trend for Goldflare Exploration'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.

Goldflare Exploration Change In Receivables Chart

Goldflare Exploration Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Change In Receivables

Get a 7-Day Free Trial

0.02

-0.07

-0.01

0.04

-0.04

Goldflare Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Receivables	Get a 7-Day Free Trial															-0.01	-0.03	-	0.08	-0.03

Goldflare Exploration 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

Goldflare Exploration (OTCPK:TYPFF) 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.

Goldflare Exploration's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

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

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

Goldflare Exploration's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.215	-	0.196	+	0.75 * 0	+	0.5 * 0
=	0.02

Goldflare Exploration Change In Receivables Related Terms

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

Goldflare Exploration (Goldflare Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldflare Exploration Inc (OTCPK:TYPFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GOFL:Canada

Address

458, des Laurentides Boulevard, Piedmont, QC, CAN, J0R 1K0

Website

https://www.goldflare.ca

Goldflare Exploration Inc is a mineral exploration company that owns a diversified portfolio of properties. The company is the sole owner of the Aiguebelle-Goldfields, Ranger, Windfall, and Syenite Condor Properties; and it holds 50% of the Destorbelle Property. All of its properties are located in Quebec.