Spark Energy Minerals (XCNQ:SPRK) Change In Receivables : C$-0.02 Mil (TTM As of Jan. 2024)

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What is Spark Energy Minerals Change In Receivables?

Spark Energy Minerals's change in receivables for the quarter that ended in Jan. 2024 was C$-0.01 Mil. It means Spark Energy Minerals's Accounts Receivable increased by C$0.01 Mil from Oct. 2023 to Jan. 2024 .

Spark Energy Minerals's change in receivables for the fiscal year that ended in Jul. 2023 was C$0.00 Mil. It means Spark Energy Minerals's Accounts Receivable declined by C$0.00 Mil from Jul. 2022 to Jul. 2023 .

Spark Energy Minerals's Accounts Receivable for the quarter that ended in Jan. 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. Spark Energy Minerals's liquidation value for the three months ended in Jan. 2024 was C$-0.95 Mil.

Spark Energy Minerals Change In Receivables Historical Data

The historical data trend for Spark Energy 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.

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Spark Energy Minerals Change In Receivables Chart

Spark Energy Minerals Annual Data

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Change In Receivables

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0.12

Spark Energy Minerals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-0.01	-0.01	-	-	-0.01

Spark Energy 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

Spark Energy Minerals (XCNQ:SPRK) 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.

Spark Energy Minerals's Days Sales Outstanding for the quarter that ended in Jan. 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, Spark Energy Minerals's accounts receivable are only considered to be worth 75% of book value:

Spark Energy Minerals's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.086	-	1.031	+	0.75 * 0	+	0.5 * 0
=	-0.95

Spark Energy Minerals Change In Receivables Related Terms

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Spark Energy Minerals (XCNQ:SPRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spark Energy Minerals Inc (XCNQ:SPRK) » Definitions » Change In Receivables

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Traded in Other Exchanges

MTEHF:USA 8PC:Germany 8PC:Germany

Address

595 Howe Street, Suite 702, Vancouver, BC, CAN, V6C 2T5

Website

https://www.sparkenergyminerals.com

Spark Energy Minerals Inc is in the business of acquisition, exploration and evaluation of a mineral property. It is a Canadian company pursuing battery metals and mineral assets with newly acquired interests in Brazil and Canada. It also holds interests in prospective gold assets in Canada as a result of previous acquisitions in the precious metals space.

Executives

Nicholas Watters

10% Security Holder

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