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Earthwise Minerals (XCNQ:WISE) Change In Receivables : C$0.10 Mil (TTM As of Dec. 2023)


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What is Earthwise Minerals Change In Receivables?

Earthwise Minerals's change in receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Earthwise Minerals's Accounts Receivable declined by C$0.00 Mil from Sep. 2023 to Dec. 2023 .

Earthwise Minerals's change in receivables for the fiscal year that ended in Mar. 2023 was C$-0.02 Mil. It means Earthwise Minerals's Accounts Receivable increased by C$0.02 Mil from Mar. 2022 to Mar. 2023 .

Earthwise Minerals's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.02 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. Earthwise Minerals's liquidation value for the three months ended in Dec. 2023 was C$-0.62 Mil.


Earthwise Minerals Change In Receivables Historical Data

The historical data trend for Earthwise Minerals'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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Earthwise Minerals Change In Receivables Chart

Earthwise Minerals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Change In Receivables
-0.01 -0.02 -0.13 -0.02

Earthwise Minerals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.06 -0.01 - 0.11 -

Earthwise Minerals 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.10 Mil.

* 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.


Earthwise Minerals  (XCNQ:WISE) 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.

Earthwise Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.018/0*91
=

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

Earthwise Minerals's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.168-0.8+0.75 * 0.018+0.5 * 0
=-0.62

* 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.


Earthwise Minerals Change In Receivables Related Terms

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Earthwise Minerals (XCNQ:WISE) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Earthwise Minerals Corp is focused on junior-stage project acquisitions across Canada. One of the company projects is located in gold-endowed areas, the Abitibi Greenstone Belt. The Wilson Gold Project can be accessed by government-maintained roads located east of the town of Lebel-sur-Quevillon, Quebec.

Earthwise Minerals (XCNQ:WISE) Headlines