Quebec Precious Metals (Quebec Precious Metals) Change In Receivables : $0.50 Mil (TTM As of Jan. 2024)

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What is Quebec Precious Metals Change In Receivables?

Quebec Precious Metals's change in receivables for the quarter that ended in Jan. 2024 was $0.48 Mil. It means Quebec Precious Metals's Accounts Receivable declined by $0.48 Mil from Oct. 2023 to Jan. 2024 .

Quebec Precious Metals's change in receivables for the fiscal year that ended in Jan. 2024 was $0.50 Mil. It means Quebec Precious Metals's Accounts Receivable declined by $0.50 Mil from Jan. 2023 to Jan. 2024 .

Quebec Precious Metals's Accounts Receivable for the quarter that ended in Jan. 2024 was $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. Quebec Precious Metals's liquidation value for the three months ended in Jan. 2024 was $0.34 Mil.

Quebec Precious Metals Change In Receivables Historical Data

The historical data trend for Quebec Precious 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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Quebec Precious Metals Change In Receivables Chart

Quebec Precious Metals Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-0.33

0.61

-1.11

0.61

0.50

Quebec Precious Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															0.88	0.11	-0.03	-0.06	0.48

Quebec Precious 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 $0.50 Mil.

Quebec Precious Metals (OTCPK:CJCFF) 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.

Quebec Precious 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	/	0	*	91
=

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

Quebec Precious 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)
=	0.586	-	0.247	+	0.75 * 0	+	0.5 * 0
=	0.34

Quebec Precious Metals Change In Receivables Related Terms

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Quebec Precious Metals (Quebec Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Precious Metals Corp (OTCPK:CJCFF) » Definitions » Change In Receivables

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YXEP:Germany QPM:Canada

Address

1080, Cote du Beaver Hall, Bureau 2101, Montreal, QC, CAN, H2Z 1S8

Website

https://www.qpmcorp.ca

Quebec Precious Metals Corp is engaged in the acquisition, exploration, and development of mining projects in Canada. The company is focused on advancing its Sakami gold project, located in Eeyou Istchee James Bay territory in Quebec, near Newmont Corporation's Eleonore gold mine. In addition, the Company holds a 68% interest in the Kipawa/Zeus rare earths project located near Temiscaming, Quebec. The Company's operations consist of a single operating segment being the sector of exploration and evaluation of mineral resources and all operations are located in Canada.