Volta Metals (XCNQ:VLTA) Change In Receivables : C$0.04 Mil (TTM As of Jun. 2024)

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What is Volta Metals Change In Receivables?

Volta Metals's change in receivables for the quarter that ended in Jun. 2024 was C$0.00 Mil. It means Volta Metals's Accounts Receivable declined by C$0.00 Mil from Mar. 2024 to Jun. 2024 .

Volta Metals's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.12 Mil. It means Volta Metals's Accounts Receivable increased by C$0.12 Mil from Dec. 2022 to Dec. 2023 .

Volta Metals's Accounts Receivable for the quarter that ended in Jun. 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. Volta Metals's liquidation value for the three months ended in Jun. 2024 was C$0.32 Mil.

Volta Metals Change In Receivables Historical Data

The historical data trend for Volta 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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Volta Metals Change In Receivables Chart

Volta Metals Annual Data

Trend

Dec22

Dec23

Change In Receivables

-0.12

Volta Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial			0.01	-0.12	0.02	0.15	-

Volta 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.04 Mil.

Volta Metals (XCNQ:VLTA) 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.

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

Volta Metals's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.506	-	0.189	+	0.75 * 0	+	0.5 * 0
=	0.32

Volta Metals Change In Receivables Related Terms

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Volta Metals Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

D0W:Germany

Address

390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2

Website

https://www.voltametals.ca

Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.

Executives

Kerem Usenmez

Senior Officer