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Arctic Fox Lithium (XCNQ:AFX) Change In Receivables : C$0.01 Mil (TTM As of Mar. 2024)


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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 Mar. 2024 was C$0.04 Mil. It means Arctic Fox Lithium's Accounts Receivable declined by C$0.04 Mil from Dec. 2023 to Mar. 2024 .

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 Mar. 2024 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 Mar. 2024 was C$0.03 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 -0.01 -0.02

Arctic Fox Lithium Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - -0.01 -0.01 -0.01 0.04

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.


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 Mar. 2024 is calculated as:

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 Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.122-0.096+0.75 * 0+0.5 * 0
=0.03

* 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.


Arctic Fox Lithium Change In Receivables Related Terms

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Arctic Fox Lithium Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3
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
Eddy Joon Yiu Siu 10% Security Holder
Sonny Chew Director, Senior Officer

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