Volt Lithium (Volt Lithium) Change In Receivables : $-0.28 Mil (TTM As of Dec. 2023)

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What is Volt Lithium Change In Receivables?

Volt Lithium's change in receivables for the quarter that ended in Dec. 2023 was $-0.07 Mil. It means Volt Lithium's Accounts Receivable increased by $0.07 Mil from Sep. 2023 to Dec. 2023 .

Volt Lithium's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.28 Mil. It means Volt Lithium's Accounts Receivable increased by $0.28 Mil from Jun. 2022 to Jun. 2023 .

Volt Lithium's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.13 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. Volt Lithium's liquidation value for the three months ended in Dec. 2023 was $1.76 Mil.

Volt Lithium Change In Receivables Historical Data

The historical data trend for Volt Lithium'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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Volt Lithium Change In Receivables Chart

Volt Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.04

0.08

-0.28

Volt Lithium Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.09	-0.15	-0.05	-0.01	-0.07

Volt Lithium 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 $-0.28 Mil.

Volt Lithium (OTCPK:VLTLF) 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.

Volt Lithium's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.132	/	0	*	91
=

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

Volt Lithium'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)
=	2.446	-	0.781	+	0.75 * 0.132	+	0.5 * 0
=	1.76

Volt Lithium Change In Receivables Related Terms

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Volt Lithium (Volt Lithium) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volt Lithium Corp (OTCPK:VLTLF) » Definitions » Change In Receivables

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I2D:Germany VLT:Canada

Address

639-5th Avenue SW, Suite 1925, Calgary, AB, CAN, T2P 0M9

Website

https://www.voltlithium.com

Volt Lithium Corp is a lithium development and technology company aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. The Company is developing its lithium project in the area of Rainbow Lake, in Northwest Alberta (the Rainbow Lake Lithium Project on the backbone of the mature and sophisticated Alberta oil industry that will allow the Company to catapult its development.