Rockland Resources (XCNQ:RKL) Change In Receivables : C$0.01 Mil (TTM As of Mar. 2024)

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What is Rockland Resources Change In Receivables?

Rockland Resources's change in receivables for the quarter that ended in Mar. 2024 was C$0.01 Mil. It means Rockland Resources's Accounts Receivable declined by C$0.01 Mil from Dec. 2023 to Mar. 2024 .

Rockland Resources's change in receivables for the fiscal year that ended in Sep. 2023 was C$0.12 Mil. It means Rockland Resources's Accounts Receivable declined by C$0.12 Mil from Sep. 2022 to Sep. 2023 .

Rockland Resources's Accounts Receivable for the quarter that ended in Mar. 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. Rockland Resources's liquidation value for the three months ended in Mar. 2024 was C$0.09 Mil.

Rockland Resources Change In Receivables Historical Data

The historical data trend for Rockland Resources'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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Rockland Resources Change In Receivables Chart

Rockland Resources Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-0.06

-0.08

0.12

Rockland Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									0.01	0.01	-0.01	-	0.01

Rockland Resources 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.

Rockland Resources (XCNQ:RKL) 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.

Rockland Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.008	/	0	*	91
=

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

Rockland Resources'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)
=	0.212	-	0.127	+	0.75 * 0.008	+	0.5 * 0
=	0.09

Rockland Resources Change In Receivables Related Terms

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Rockland Resources (XCNQ:RKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rockland Resources Ltd (XCNQ:RKL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C1H2

Website

https://www.rocklandresources.com

Rockland Resources Ltd is engaged in the exploration and development of mineral properties in British Columbia. The company's project includes Elektra, Stetham Uranium, Cole Gold Mine, Old Timer.

Executives

Michael Bruno John Franz England

Director

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