Sage Potash (TSXV:SAGE) Change In Receivables : C$0.01 Mil (TTM As of Dec. 2023)

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What is Sage Potash Change In Receivables?

Sage Potash's change in receivables for the quarter that ended in Dec. 2023 was C$0.05 Mil. It means Sage Potash's Accounts Receivable declined by C$0.05 Mil from Sep. 2023 to Dec. 2023 .

Sage Potash's change in receivables for the fiscal year that ended in . 20 was C$0.00 Mil. It means Sage Potash's Accounts Receivable stayed the same from . 20 to . 20 .

Sage Potash's Accounts Receivable for the quarter that ended in Dec. 2023 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. Sage Potash's liquidation value for the three months ended in Dec. 2023 was C$-0.96 Mil.

Sage Potash Change In Receivables Historical Data

The historical data trend for Sage Potash'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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Sage Potash Change In Receivables Chart

Sage Potash Annual Data

Trend

Change In Receivables

Sage Potash Quarterly Data
	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-0.02	-	-0.02	-0.02	0.05

Sage Potash 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 Mil.

Sage Potash (TSXV:SAGE) 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.

Sage Potash's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

Sage Potash's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.196	-	1.153	+	0.75 * 0	+	0.5 * 0
=	-0.96

Sage Potash Change In Receivables Related Terms

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Sage Potash (TSXV:SAGE) Business Description

Industry

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SGPTF:USA

Address

889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2

Website

https://www.sagepotash.com

Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.