WOLV (Wolverine Resources) Change In Receivables : $-0.01 Mil (TTM As of Nov. 2024)

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What is Wolverine Resources Change In Receivables?

Wolverine Resources's change in receivables for the quarter that ended in Nov. 2024 was $-0.00 Mil. It means Wolverine Resources's Accounts Receivable increased by $0.00 Mil from Aug. 2024 to Nov. 2024 .

Wolverine Resources's change in receivables for the fiscal year that ended in May. 2024 was $-0.00 Mil. It means Wolverine Resources's Accounts Receivable increased by $0.00 Mil from May. 2023 to May. 2024 .

Wolverine 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. Wolverine Resources's liquidation value for the three months ended in Nov. 2024 was $-0.10 Mil.

Wolverine Resources Change In Receivables Historical Data

The historical data trend for Wolverine 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.

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Wolverine Resources Change In Receivables Chart

Wolverine Resources Annual Data

Trend

May15

May16

May17

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May19

May20

May21

May22

May23

May24

Change In Receivables

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-0.01

0.01

Wolverine 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															-	-	-	-	-

Wolverine 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 $-0.01 Mil.

Wolverine Resources (OTCPK:WOLV) 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.

Wolverine 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, Wolverine Resources's accounts receivable are only considered to be worth 75% of book value:

Wolverine 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)
=	0.012	-	0.114	+	0.75 * 0	+	0.5 * 0
=	-0.10

Wolverine Resources Change In Receivables Related Terms

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Wolverine Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wolverine Resources Corp (OTCPK:WOLV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

11020-Williams Road, Suite 55, Richmond, BC, CAN, V7A 1X8

Website

https://www.wolverineresourcescorp.com

Wolverine Resources Corp is an exploration stage mining company engaged in the business of identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. Its projects include Labrador property located in Canada, which is also known as Cache river property, and Frog property.

Executives

Slade Dyer	director	33219 BROWN CRESCENT, MISSION A1 V2V 2R3
Donald Kenneth Bowins	director	8955 EMIRY STREET, MISSION A1 V4S 1A6
Richard Dean Haderer	director, officer: CEO & CFO	103 HUNTCROFT PLACE NE, CALGARY A0 T2K 4E6
Rich Resources Inc.	10 percent owner	3 PIWAS STREET, PO BOX 65, NATUASHISH A4 A0P 1A0
Craig Young	director	2612 TELFORD DRIVE, KAMLOOPS A1 V1S 0A3
Bruce Edward Costerd	director, officer: CEO	#55-11020 WILLIAMS ROAD, RICHMOND A1 V7A 1X8
Lee Costerd	director, officer: President & Secretary	4055 MCLEAN ROAD, QUESNEL A1 V2J 6V5
Luke Rich	director, officer: VP Expl. & Business Devlp.	P.O. BOX 65, NATUASHISH A4 A0P 1A0
David Ian Chalk	director	20629 86A AVENUE, LANGLEY A1 V1M 3X3