Cannon Resources (ASX:CNR) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2021)

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What is Cannon Resources Change In Receivables?

Cannon Resources's change in receivables for the quarter that ended in Dec. 2021 was A$0.00 Mil. It means Cannon Resources's Accounts Receivable stayed the same from . 20 to Dec. 2021 .

Cannon Resources's change in receivables for the fiscal year that ended in Jun. 2022 was A$0.00 Mil. It means Cannon Resources's Accounts Receivable stayed the same from . 20 to Jun. 2022 .

Cannon Resources's Accounts Receivable for the quarter that ended in Dec. 2021 was A$0.09 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. Cannon Resources's liquidation value for the six months ended in Dec. 2021 was A$5.30 Mil.

Cannon Resources Change In Receivables Historical Data

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

Cannon Resources Annual Data

Trend

Jun22

Change In Receivables

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Change In Receivables	-	-

Cannon 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. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Cannon Resources (ASX:CNR) 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.

Cannon Resources's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.094	/	0	*	91
=

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

Cannon Resources's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.153	-	0.926	+	0.75 * 0.094	+	0.5 * 0
=	5.30

Cannon Resources Change In Receivables Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.