American Lithium (TSXV:LI) Change In Receivables : C$0.09 Mil (TTM As of Feb. 2024)

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What is American Lithium Change In Receivables?

American Lithium's change in receivables for the quarter that ended in Feb. 2024 was C$-0.13 Mil. It means American Lithium's Accounts Receivable increased by C$0.13 Mil from Nov. 2023 to Feb. 2024 .

American Lithium's change in receivables for the fiscal year that ended in Feb. 2024 was C$-0.22 Mil. It means American Lithium's Accounts Receivable increased by C$0.22 Mil from Feb. 2023 to Feb. 2024 .

American Lithium's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.62 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. American Lithium's liquidation value for the three months ended in Feb. 2024 was C$8.11 Mil.

American Lithium Change In Receivables Historical Data

The historical data trend for American Lithium'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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American Lithium Change In Receivables Chart

American Lithium Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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0.08

0.07

-0.20

-0.22

American Lithium Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-0.14	-0.01	0.27	-0.03	-0.13

American Lithium 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.09 Mil.

American Lithium (TSXV:LI) 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.

American Lithium's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.616	/	0	*	91
=

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

American Lithium's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.889	-	4.246	+	0.75 * 0.616	+	0.5 * 0
=	8.11

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American Lithium (TSXV:LI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Lithium Corp (TSXV:LI) » Definitions » Change In Receivables

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Traded in Other Exchanges

AMLI:USA 5LA1:Germany

Address

1030 West Georgia Street, Suite 710, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.americanlithiumcorp.com

American Lithium Corp is an exploration-stage company. It is engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas. Its current focus is on developing its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada, enabling the shift to a new energy paradigm. In addition, Falchani lithium and Macusani uranium development-stage projects are being advanced in southeastern Peru.

Executives

Graham Elliot Ballachey

Senior Officer