Meryllion Resources (XCNQ:MYR) Change In Receivables : C$-0.01 Mil (TTM As of Dec. 2023)

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What is Meryllion Resources Change In Receivables?

Meryllion Resources's change in receivables for the quarter that ended in Dec. 2023 was C$-0.01 Mil. It means Meryllion Resources's Accounts Receivable increased by C$0.01 Mil from Sep. 2023 to Dec. 2023 .

Meryllion Resources's change in receivables for the fiscal year that ended in Sep. 2023 was C$0.03 Mil. It means Meryllion Resources's Accounts Receivable declined by C$0.03 Mil from Sep. 2022 to Sep. 2023 .

Meryllion Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was C$0.03 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. Meryllion Resources's liquidation value for the three months ended in Dec. 2023 was C$-0.19 Mil.

Meryllion Resources Change In Receivables Historical Data

The historical data trend for Meryllion 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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Meryllion Resources Change In Receivables Chart

Meryllion Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-0.01

-0.02

0.03

Meryllion Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.03	-	-	-	-0.01

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

Meryllion Resources (XCNQ:MYR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.026	/	0	*	91
=

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

Meryllion Resources'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)
=	0.081	-	0.295	+	0.75 * 0.026	+	0.5 * 0
=	-0.19

Meryllion Resources Change In Receivables Related Terms

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Meryllion Resources (XCNQ:MYR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Meryllion Resources Corp (XCNQ:MYR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 - 885 West Georgia Street, Vancouver, BC, CAN, V6C 3H1

Website

https://www.meryllionres.com

Meryllion Resources Corp is an exploration and development company focused on mineral exploration, mine development, and finance opportunities in Tier 1 jurisdictions, where the Company can earn interest by funding exploration. The Company is in the process of earning up to a 70% interest in the Mt Turner copper-molybdenum-gold and uranium project in north Queensland and has an option over the Oldham Range Polymetallic Project located 320kms west of Wiluna, Western Australia.

Executives

David Steinepreis

10% Security Holder, Director

Meryllion Resources (XCNQ:MYR) Headlines

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