Transforma Resources (TSXV:TFM) Change In Receivables : C$0.01 Mil (TTM As of Sep. 2023)

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What is Transforma Resources Change In Receivables?

Transforma Resources's change in receivables for the quarter that ended in Sep. 2023 was C$0.01 Mil. It means Transforma Resources's Accounts Receivable declined by C$0.01 Mil from Jun. 2023 to Sep. 2023 .

Transforma Resources's change in receivables for the fiscal year that ended in Dec. 2022 was C$-0.01 Mil. It means Transforma Resources's Accounts Receivable increased by C$0.01 Mil from Dec. 2021 to Dec. 2022 .

Transforma Resources's Accounts Receivable for the quarter that ended in Sep. 2023 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Transforma Resources's liquidation value for the three months ended in Sep. 2023 was C$-0.50 Mil.

Transforma Resources Change In Receivables Historical Data

The historical data trend for Transforma 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.

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Transforma Resources Change In Receivables Chart

Transforma Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.02

0.02

-0.01

Transforma Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	0.01

Transforma Resources 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 Mil.

Transforma Resources (TSXV:TFM) 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.

Transforma Resources's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.013	/	0	*	91
=

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

Transforma Resources's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.01	-	0.524	+	0.75 * 0.013	+	0.5 * 0
=	-0.50

Transforma Resources Change In Receivables Related Terms

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Transforma Resources (TSXV:TFM) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transforma Resources Corp (TSXV:TFM) » Definitions » Change In Receivables

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CFV0:Germany

Address

8080 Cambie Road, Suite 309, Richmond, BC, CAN, V6X 0C1

Website

https://www.transformacorp.com

Transforma Resources Corp is a mining company. It is engaged in the exploration of mineral properties. The company holds interests in exploration properties in British Columbia, Canada. Its properties include Thunder Copper Claims. It operates in one operating segment in one geographic region being the Acquisition and Exploration of Mineral Properties in Canada.