Inflection Resources (XCNQ:AUCU) Change In Receivables : C$-0.03 Mil (TTM As of Jun. 2024)

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What is Inflection Resources Change In Receivables?

Inflection Resources's change in receivables for the quarter that ended in Jun. 2024 was C$-0.02 Mil. It means Inflection Resources's Accounts Receivable increased by C$0.02 Mil from Mar. 2024 to Jun. 2024 .

Inflection Resources's change in receivables for the fiscal year that ended in Sep. 2023 was C$-0.02 Mil. It means Inflection Resources's Accounts Receivable increased by C$0.02 Mil from Sep. 2022 to Sep. 2023 .

Inflection Resources's Accounts Receivable for the quarter that ended in Jun. 2024 was C$0.06 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. Inflection Resources's liquidation value for the three months ended in Jun. 2024 was C$1.72 Mil.

Inflection Resources Change In Receivables Historical Data

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

Inflection Resources Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-0.02

-0.08

0.04

-0.02

Inflection Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															0.02	-0.01	0.04	-0.03	-0.02

Inflection 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.03 Mil.

Inflection Resources (XCNQ:AUCU) 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.

Inflection Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.061	/	0	*	91
=

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

Inflection Resources's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.657	-	0.982	+	0.75 * 0.061	+	0.5 * 0
=	1.72

Inflection Resources Change In Receivables Related Terms

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Inflection Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

AUCUF:USA 5VJ:Germany

Address

1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4

Website

https://www.inflectionresources.com

Inflection Resources Ltd is a technology-driven gold and gold-copper-focused mineral exploration company with projects in Eastern Australia. The company has a portfolio of drill-ready projects in New South Wales and Queensland. Its project includes the Northern New South Wales Project and the Carron Gold Project. Its geographic segment includes Canada and Australia. It generates the majority of its revenue from Canada.

Executives

Sandra Wong	Director or Senior Officer of 10% Security Holder
Alistair Waddell	Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Tero Tapani Kosonen	Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Garry Alfred Stock	Director or Senior Officer of 10% Security Holder

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