Protium Clean Energy (XCNQ:GRUV) Change In Receivables : C$-0.02 Mil (TTM As of Nov. 2024)

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What is Protium Clean Energy Change In Receivables?

Protium Clean Energy's change in receivables for the quarter that ended in Nov. 2024 was C$-0.01 Mil. It means Protium Clean Energy's Accounts Receivable increased by C$0.01 Mil from Aug. 2024 to Nov. 2024 .

Protium Clean Energy's change in receivables for the fiscal year that ended in Nov. 2024 was C$-0.02 Mil. It means Protium Clean Energy's Accounts Receivable increased by C$0.02 Mil from Nov. 2023 to Nov. 2024 .

Protium Clean Energy's Accounts Receivable for the quarter that ended in Nov. 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. Protium Clean Energy's liquidation value for the three months ended in Nov. 2024 was C$0.12 Mil.

Protium Clean Energy Change In Receivables Historical Data

The historical data trend for Protium Clean Energy'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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Protium Clean Energy Change In Receivables Chart

Protium Clean Energy Annual Data

Trend

May22

Nov23

Nov24

Change In Receivables

-0.02

Protium Clean Energy Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Receivables	Get a 7-Day Free Trial							-	-	0.01	-0.02	-0.01

Protium Clean Energy 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 C$-0.02 Mil.

Protium Clean Energy (XCNQ:GRUV) 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.

Protium Clean Energy'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, Protium Clean Energy's accounts receivable are only considered to be worth 75% of book value:

Protium Clean Energy'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)
=	0.424	-	0.302	+	0.75 * 0	+	0.5 * 0
=	0.12

Protium Clean Energy Change In Receivables Related Terms

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Protium Clean Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Protium Clean Energy Corp (XCNQ:GRUV) » Definitions » Change In Receivables

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Traded in Other Exchanges

G071:Germany

Address

1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9

Website

https://www.protium.ca

Protium Clean Energy Corp formerly Weekapaug Lithium Ltd is an exploration and development company focused on the acquisition, exploration, and development of properties that are prospective for Lithium and other metals. It holds interest in the Naikina Li Property located in northern Ontario, Canada.

Executives

Marc Robert Branson	Director, Senior Officer
Adam Roland Cyrus Nothstein	Director

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