QNB Metals (XCNQ:TIM.X) Change In Receivables : C$-0.02 Mil (TTM As of Jan. 2024)

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What is QNB Metals Change In Receivables?

QNB Metals's change in receivables for the quarter that ended in Jan. 2024 was C$-0.00 Mil. It means QNB Metals's Accounts Receivable increased by C$0.00 Mil from Oct. 2023 to Jan. 2024 .

QNB Metals's change in receivables for the fiscal year that ended in Apr. 2023 was C$-0.03 Mil. It means QNB Metals's Accounts Receivable increased by C$0.03 Mil from Apr. 2022 to Apr. 2023 .

QNB Metals's Accounts Receivable for the quarter that ended in Jan. 2024 was C$0.06 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. QNB Metals's liquidation value for the three months ended in Jan. 2024 was C$-0.33 Mil.

QNB Metals Change In Receivables Historical Data

The historical data trend for QNB Metals'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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QNB Metals Change In Receivables Chart

QNB Metals Annual Data

Trend

Apr21

Apr22

Apr23

Change In Receivables

-0.01

-0.03

QNB Metals Quarterly Data
	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	-

QNB Metals 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.

QNB Metals (XCNQ:TIM.X) 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.

QNB Metals's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.057	/	0	*	91
=

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

QNB Metals'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)
=	0.022	-	0.395	+	0.75 * 0.057	+	0.5 * 0
=	-0.33

QNB Metals Change In Receivables Related Terms

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QNB Metals (XCNQ:TIM.X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QNB Metals Inc (XCNQ:TIM.X) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Sherbrooke Street West, No. 2700, Montreal, QC, CAN, H3A 3G4

Website

QNB Metals Inc is an exploration and development company engaged in the exploration of the Lac La Chesnaye Property, Goodwin Lake property, and North West Miramichi property located in the province of Quebec, Canada.

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