Electric Metals (TSXV:EML) Change In Receivables : C$-0.02 Mil (TTM As of Mar. 2024)

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What is Electric Metals Change In Receivables?

Electric Metals's change in receivables for the quarter that ended in Mar. 2024 was C$-0.01 Mil. It means Electric Metals's Accounts Receivable increased by C$0.01 Mil from Dec. 2023 to Mar. 2024 .

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

Electric Metals's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.10 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. Electric Metals's liquidation value for the three months ended in Mar. 2024 was C$0.02 Mil.

Electric Metals Change In Receivables Historical Data

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

Electric Metals Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

0.01

-0.04

-0.03

Electric Metals Quarterly Data
	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-0.01	-0.04	0.04	-0.01	-0.01

Electric 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 Mil.

Electric Metals (TSXV:EML) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.1	/	0	*	91
=

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

Electric Metals'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)
=	1.305	-	1.364	+	0.75 * 0.1	+	0.5 * 0
=	0.02

Electric Metals Change In Receivables Related Terms

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Electric Metals (TSXV:EML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Metals (USA) Ltd (TSXV:EML) » Definitions » Change In Receivables

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EMUSF:USA

Address

365 Bay Street, Suite 800, Toronto, ON, CAN, M5H 2V1

Website

https://www.electricmetals.com

Electric Metals (USA) Ltd is a U.S.-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, which has been the subject of considerable technical studies, including a National Instrument 43-101 Technical Report - Resource Estimate, with over US$26 million invested to date. The Company's mission in Minnesota is to become a domestic U.S. producer of high-purity, high-value manganese metal and chemical products for supply to U.S. energy, technology and industrial markets. With manganese plays a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America.