New Break Resources (XCNQ:NBRK) Change In Receivables : C$-0.03 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is New Break Resources Change In Receivables?

New Break Resources's change in receivables for the quarter that ended in Dec. 2023 was C$-0.15 Mil. It means New Break Resources's Accounts Receivable increased by C$0.15 Mil from Sep. 2023 to Dec. 2023 .

New Break Resources's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.04 Mil. It means New Break Resources's Accounts Receivable increased by C$0.04 Mil from Dec. 2022 to Dec. 2023 .

New Break Resources'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. New Break Resources's liquidation value for the three months ended in Dec. 2023 was C$0.01 Mil.

New Break Resources Change In Receivables Historical Data

The historical data trend for New Break 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.

* Premium members only.

New Break Resources Change In Receivables Chart

New Break Resources Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.15

-0.04

New Break Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial						-0.01	0.16	-	-0.04	-0.15

New Break 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$-0.03 Mil.

New Break Resources (XCNQ:NBRK) 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.

New Break 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	/	0	*	91
=

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

New Break 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)
=	0.212	-	0.207	+	0.75 * 0	+	0.5 * 0
=	0.01

New Break Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of New Break Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

New Break Resources (XCNQ:NBRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Break Resources Ltd (XCNQ:NBRK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 King Street East, Suite 902, Toronto, CAN, M5C 1C4

Website

https://www.newbreakresources.ca

New Break Resources Ltd is a Canadian mineral exploration and development company. The Company is engaged in the acquisition, exploration, and evaluation of mineral properties in Canada. New Break is focused on gold exploration at its Moray Gold Project, located 49 km south of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. and at its four projects in Kivalliq Region, Nunavut, including the Sundog Gold Project and Esker Gold Project.

Executives

William Donald Love

Senior Officer

New Break Resources (XCNQ:NBRK) Headlines

No Headlines