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EV Nickel (TSXV:EVNI) Change In Receivables : C$0.13 Mil (TTM As of Mar. 2024)


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What is EV Nickel Change In Receivables?

EV Nickel's change in receivables for the quarter that ended in Mar. 2024 was C$-0.07 Mil. It means EV Nickel's Accounts Receivable increased by C$0.07 Mil from Dec. 2023 to Mar. 2024 .

EV Nickel's change in receivables for the fiscal year that ended in Jun. 2023 was C$0.33 Mil. It means EV Nickel's Accounts Receivable declined by C$0.33 Mil from Jun. 2022 to Jun. 2023 .

EV Nickel's Accounts Receivable for the quarter that ended in Mar. 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. EV Nickel's liquidation value for the three months ended in Mar. 2024 was C$5.07 Mil.


EV Nickel Change In Receivables Historical Data

The historical data trend for EV Nickel'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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EV Nickel Change In Receivables Chart

EV Nickel Annual Data
Trend Jun21 Jun22 Jun23
Change In Receivables
-0.01 -0.40 0.33

EV Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 0.24 -0.04 -0.01 -0.07

EV Nickel 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$0.13 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.


EV Nickel  (TSXV:EVNI) 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.

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

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

EV Nickel'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)
=6.799-1.734+0.75 * 0+0.5 * 0
=5.07

* 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.


EV Nickel Change In Receivables Related Terms

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EV Nickel (TSXV:EVNI) Business Description

Traded in Other Exchanges
Address
150 King Street W, Suite 200, Toronto, ON, CAN, M5H 1J9
EV Nickel Inc is a Canadian nickel exploration company. Its mission is to accelerate the transition to clean energy, focused on the Shaw Dome Project, south of Timmins, Ontario. EVNi has over 30,000 hectares to explore across the Shaw Dome and has identified more than 100 km of additional favourable strike length. The Shaw Dome includes the High-Grade W4 Deposit- with a Resource which defined 2.0M tonnes 0.98% Ni for 43.3M lbs of Class 1 Nickel across Measured, Indicated and Inferred and the Large-Scale CarLang Area with more than 10km of mineralization and where the first 20 percent contains the A Zone- with a Resource which defined 1.0B tonnes 0.24% Ni for 5.3B lbs of Class 1 Nickel across Indicated and Inferred.
Executives
Rogue Resources Inc. 10% Security Holder

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