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G6 Materials (TSXV:GGG) Change In Receivables : C$0.01 Mil (TTM As of Feb. 2024)


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What is G6 Materials Change In Receivables?

G6 Materials's change in receivables for the quarter that ended in Feb. 2024 was C$0.03 Mil. It means G6 Materials's Accounts Receivable declined by C$0.03 Mil from Nov. 2023 to Feb. 2024 .

G6 Materials's change in receivables for the fiscal year that ended in May. 2023 was C$-0.01 Mil. It means G6 Materials's Accounts Receivable increased by C$0.01 Mil from May. 2022 to May. 2023 .

G6 Materials's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.01 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. G6 Materials's Days Sales Outstanding for the three months ended in Feb. 2024 was 3.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. G6 Materials's liquidation value for the three months ended in Feb. 2024 was C$-0.96 Mil.


G6 Materials Change In Receivables Historical Data

The historical data trend for G6 Materials'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.

* Premium members only.

G6 Materials Change In Receivables Chart

G6 Materials Annual Data
Trend Jul14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 0.12 -0.02 -0.04 -0.01

G6 Materials Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 -0.02 - - 0.03

G6 Materials 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.


G6 Materials  (TSXV:GGG) 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.

G6 Materials's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.012/0.3*91
=3.65

2. In Ben Graham's calculation of liquidation value, G6 Materials's accounts receivable are only considered to be worth 75% of book value:

G6 Materials's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.027-1.257+0.75 * 0.012+0.5 * 0.529
=-0.96

* 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.


G6 Materials Change In Receivables Related Terms

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G6 Materials (TSXV:GGG) Business Description

Traded in Other Exchanges
Address
760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779
G6 Materials Corp is engaged in the development, manufacture, and sale of proprietary composites and coatings based on graphene and other advanced materials. The company's products include high-performance resins, composites, R&D materials, fine organic chemicals, and conductive adhesives.
Executives
Elena Polyakova Director, Senior Officer

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