GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quebec Nickel Corp (XCNQ:QNI) » Definitions » Change In Receivables

Quebec Nickel (XCNQ:QNI) Change In Receivables : C$0.73 Mil (TTM As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Quebec Nickel Change In Receivables?

Quebec Nickel's change in receivables for the quarter that ended in Jun. 2024 was C$-0.03 Mil. It means Quebec Nickel's Accounts Receivable increased by C$0.03 Mil from Mar. 2024 to Jun. 2024 .

Quebec Nickel's change in receivables for the fiscal year that ended in Mar. 2024 was C$0.89 Mil. It means Quebec Nickel's Accounts Receivable declined by C$0.89 Mil from Mar. 2023 to Mar. 2024 .

Quebec Nickel's Accounts Receivable for the quarter that ended in Jun. 2024 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. Quebec Nickel's liquidation value for the three months ended in Jun. 2024 was C$-0.41 Mil.


Quebec Nickel Change In Receivables Historical Data

The historical data trend for Quebec Nickel'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.

Quebec Nickel Change In Receivables Chart

Quebec Nickel Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Change In Receivables
- -0.12 -0.87 0.89

Quebec Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.49 -1.49 1.76 -0.03

Quebec Nickel 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$0.73 Mil.

* 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.


Quebec Nickel  (XCNQ:QNI) 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.

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

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

Quebec Nickel'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)
=1.294-1.701+0.75 * 0+0.5 * 0
=-0.41

* 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.


Quebec Nickel Change In Receivables Related Terms

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


Quebec Nickel Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Quebec Nickel Corp is engaged in the acquisition and exploration of mineral property assets. The company is involved in a single project namely the Ducros project.
Executives
David Patterson Senior Officer
Ming Jang Senior Officer
Hani John Zabaneh Director

Quebec Nickel Headlines

No Headlines