Arctic Fox Lithium (XCNQ:AFX) Change In Receivables : C$-0.04 Mil (TTM As of Dec. 2023)

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What is Arctic Fox Lithium Change In Receivables?

Arctic Fox Lithium's change in receivables for the quarter that ended in Dec. 2023 was C$-0.01 Mil. It means Arctic Fox Lithium's Accounts Receivable increased by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

Arctic Fox Lithium's change in receivables for the fiscal year that ended in Jun. 2023 was C$-0.02 Mil. It means Arctic Fox Lithium's Accounts Receivable increased by C$0.02 Mil from Jun. 2022 to Jun. 2023 .

Arctic Fox Lithium's Accounts Receivable for the quarter that ended in Dec. 2023 was C$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. Arctic Fox Lithium's liquidation value for the three months ended in Dec. 2023 was C$-0.02 Mil.

Arctic Fox Lithium Change In Receivables Historical Data

The historical data trend for Arctic Fox 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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Arctic Fox Lithium Change In Receivables Chart

Arctic Fox Lithium Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Receivables

-0.01

-0.02

Arctic Fox Lithium Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial										-	-	-0.01	-0.01	-0.01

Arctic Fox 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 C$-0.04 Mil.

Arctic Fox Lithium (XCNQ:AFX) 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.

Arctic Fox 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	/	0	*	91
=

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

Arctic Fox 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)
=	0.137	-	0.159	+	0.75 * 0	+	0.5 * 0
=	-0.02

Arctic Fox Lithium Change In Receivables Related Terms

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Arctic Fox Lithium (XCNQ:AFX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arctic Fox Lithium Corp (XCNQ:AFX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

O5K:Germany

Address

1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.arcticfoxlithium.com

Arctic Fox Lithium Corp is a mineral exploration company. Its projects include Pontax North Lithium Project, Kana Lake Lithium Project, Delta Lake Lithium project and Spius copper property.

Executives

Harry Chew

10% Security Holder, Director, Senior Officer

Arctic Fox Lithium (XCNQ:AFX) Headlines

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