Double Deuce Exploration (XCNQ:DD) Change In Receivables : C$-0.01 Mil (TTM As of Jul. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Double Deuce Exploration Change In Receivables?

Double Deuce Exploration's change in receivables for the quarter that ended in Jul. 2024 was C$-0.00 Mil. It means Double Deuce Exploration's Accounts Receivable increased by C$0.00 Mil from Apr. 2024 to Jul. 2024 .

Double Deuce Exploration's change in receivables for the fiscal year that ended in Jul. 2024 was C$-0.01 Mil. It means Double Deuce Exploration's Accounts Receivable increased by C$0.01 Mil from Jul. 2023 to Jul. 2024 .

Double Deuce Exploration's Accounts Receivable for the quarter that ended in Jul. 2024 was C$0.01 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. Double Deuce Exploration's liquidation value for the three months ended in Jul. 2024 was C$-0.20 Mil.

Double Deuce Exploration Change In Receivables Historical Data

The historical data trend for Double Deuce Exploration'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.

Double Deuce Exploration Change In Receivables Chart

Double Deuce Exploration Annual Data

Trend

Jul22

Jul23

Jul24

Change In Receivables

-0.01

Double Deuce Exploration Quarterly Data
	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
Change In Receivables	Get a 7-Day Free Trial			0.01	-	-	-	-

Double Deuce Exploration 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 Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

Double Deuce Exploration (XCNQ:DD) 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.

Double Deuce Exploration's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.007	/	0	*	91
=

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

Double Deuce Exploration's liquidation value for the quarter that ended in Jul. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.061	-	0.269	+	0.75 * 0.007	+	0.5 * 0
=	-0.20

Double Deuce Exploration Change In Receivables Related Terms

Thank you for viewing the detailed overview of Double Deuce Exploration's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Double Deuce Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Double Deuce Exploration Corp (XCNQ:DD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2

Website

Double Deuce Exploration Corp is a company whose principal business activities include the acquisition and exploration of mineral property assets. The company has one project named Kimber Property that is in exploration stage which is located at Kimberley British Columbia.