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WMLLF (Wealth Minerals) Change In Receivables : $0.00 Mil (TTM As of Aug. 2024)


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What is Wealth Minerals Change In Receivables?

Wealth Minerals's change in receivables for the quarter that ended in Aug. 2024 was $-0.07 Mil. It means Wealth Minerals's Accounts Receivable increased by $0.07 Mil from May. 2024 to Aug. 2024 .

Wealth Minerals's change in receivables for the fiscal year that ended in Nov. 2023 was $0.01 Mil. It means Wealth Minerals's Accounts Receivable declined by $0.01 Mil from Nov. 2022 to Nov. 2023 .

Wealth Minerals's Accounts Receivable for the quarter that ended in Aug. 2024 was $0.11 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. Wealth Minerals's liquidation value for the three months ended in Aug. 2024 was $2.73 Mil.


Wealth Minerals Change In Receivables Historical Data

The historical data trend for Wealth Minerals'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.

Wealth Minerals Change In Receivables Chart

Wealth Minerals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - -0.02 -0.04 0.01

Wealth Minerals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -0.08 0.05 0.04 -0.02 -0.07

Wealth Minerals 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 Aug. 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.


Wealth Minerals  (OTCPK:WMLLF) 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.

Wealth Minerals's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.105/0*91
=

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

Wealth Minerals's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.919-0.267+0.75 * 0.105+0.5 * 0
=2.73

* 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.


Wealth Minerals Change In Receivables Related Terms

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Wealth Minerals Business Description

Traded in Other Exchanges
Address
Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Wealth Minerals Ltd is an operator of a mineral resource company intended to serve in metals and minerals. The company's business activity is the exploration of minerals and the development of exploration and evaluation assets and includes other project portfolios, thereby focusing on the acquisition and development of lithium projects. The company operates in one industry segment, being mineral resources industry.

Wealth Minerals Headlines