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Rare Element Resources's change in receivables for the quarter that ended in Mar. 2024 was $1.55 Mil. It means Rare Element Resources's Accounts Receivable declined by $1.55 Mil from Dec. 2023 to Mar. 2024 .
Rare Element Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $-2.01 Mil. It means Rare Element Resources's Accounts Receivable increased by $2.01 Mil from Dec. 2022 to Dec. 2023 .
Rare Element Resources's Accounts Receivable for the quarter that ended in Mar. 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. Rare Element Resources's liquidation value for the three months ended in Mar. 2024 was $35.56 Mil.
The historical data trend for Rare Element 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.
Rare Element Resources Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | - | - | -0.11 | -0.07 | -2.01 |
Rare Element Resources Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | 0.09 | 0.32 | -0.60 | -1.81 | 1.55 |
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 $-0.54 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.
Rare Element Resources (OTCPK:REEMF) 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.
Rare Element 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 | / | 0 | * | 91 |
= |
2. In Ben Graham's calculation of liquidation value, Rare Element Resources's accounts receivable are only considered to be worth 75% of book value:
Rare Element 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) |
= | 38.133 | - | 2.57 | + | 0.75 * 0 | + | 0.5 * 0 |
= | 35.56 |
* 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.
Thank you for viewing the detailed overview of Rare Element Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Paul Joseph Hickey | director | 803 MYLAR PARK DRIVE, CHEYENNE WY 82009 |
Brent Berg | officer: President and CEO | 9384 EAST DIANNA DRIVE, GOLD CANYON AZ 85118 |
Nicole J. Champine | director | 7800 EAST DORADO PLACE, GREENWOOD VILLAGE CO 80111 |
Wayne Rich | officer: Chief Financial Officer | 600 SEVENTEENTH STREET, SUITE 2800 SOUTH, DENVER CO 80202 |
Lowell A Shonk | director | 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228 |
Randall John Scott | officer: President and CEO | C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228 |
Paul John Schlauch | director | C/O RARE ELEMENT RESOURCES LTD., 225 UNION BLVD SUITE 250, LAKEWOOD CO 80228 |
Gerald W Grandey | director | 225 UNION BLVD, SUITE 250, LAKEWOOD CO 80228 |
Barton S Brundage | director | 11700 PINE CANYON POINT, PARKER CO 80138 |
Kenneth J. Mushinski | director | 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121 |
David I Roberts | director | 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121 |
General Atomic Technologies Corp | 10 percent owner | |
Tenaya Corp | 10 percent owner | 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121 |
Ynchron | 10 percent owner | 3550 GENERAL ATOMICS COURT, SAN DIEGO CA 92121 |
Norman William Burmeister | director | C/O RARE ELEMENT RESOURCES LTD., 255 UNION BLVD SUITE 250, LAKEWOOD CO 80228 |
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