Nova Lithium (XCNQ:NVLI) Change In Receivables : C$0.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Nova Lithium Change In Receivables?

Nova Lithium's change in receivables for the quarter that ended in Mar. 2024 was C$-0.00 Mil. It means Nova Lithium's Accounts Receivable increased by C$0.00 Mil from Dec. 2023 to Mar. 2024 .

Nova Lithium's change in receivables for the fiscal year that ended in Jun. 2023 was C$0.00 Mil. It means Nova Lithium's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Nova 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. Nova Lithium's liquidation value for the three months ended in Mar. 2024 was C$-0.55 Mil.

Nova Lithium Change In Receivables Historical Data

The historical data trend for Nova 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.

* Premium members only.

Nova Lithium Change In Receivables Chart

Nova Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Change In Receivables

Nova Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-	0.01	-	-	-

Nova 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$0.00 Mil.

Nova Lithium (XCNQ:NVLI) 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.

Nova Lithium's Days Sales Outstanding for the quarter that ended in Mar. 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, Nova Lithium's accounts receivable are only considered to be worth 75% of book value:

Nova 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)
=	0.032	-	0.581	+	0.75 * 0	+	0.5 * 0
=	-0.55

Nova Lithium Change In Receivables Related Terms

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

Nova Lithium (XCNQ:NVLI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

NVLIF:USA

Address

1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

https://www.novalithiumcorp.com

Nova Lithium Corp is engaged in the exploration and evaluation of resource properties. The company is predominantly engaged in the acquisition, exploration and development of lithium brine and lithium clay properties. It holds 100% interest in Deer Musk West Project.

Nova Lithium (XCNQ:NVLI) Headlines

No Headlines