Li-FT Power (TSXV:LIFT) Change In Receivables : C$-0.04 Mil (TTM As of Feb. 2024)

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

What is Li-FT Power Change In Receivables?

Li-FT Power's change in receivables for the quarter that ended in Feb. 2024 was C$0.65 Mil. It means Li-FT Power's Accounts Receivable declined by C$0.65 Mil from Aug. 2023 to Feb. 2024 .

Li-FT Power's change in receivables for the fiscal year that ended in Nov. 2022 was C$-0.03 Mil. It means Li-FT Power's Accounts Receivable increased by C$0.03 Mil from Nov. 2021 to Nov. 2022 .

Li-FT Power's Accounts Receivable for the quarter that ended in Feb. 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. Li-FT Power's liquidation value for the three months ended in Feb. 2024 was C$-8.20 Mil.

Li-FT Power Change In Receivables Historical Data

The historical data trend for Li-FT Power'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.

Li-FT Power Change In Receivables Chart

Li-FT Power Annual Data

Trend

Nov21

Nov22

Change In Receivables

-0.03

Li-FT Power Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial						-	-0.01	-0.01	-0.68	0.65

Li-FT Power 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$-0.04 Mil.

Li-FT Power (TSXV:LIFT) 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.

Li-FT Power'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	/	0	*	91
=

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

Li-FT Power'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)
=	6.59	-	14.789	+	0.75 * 0	+	0.5 * 0
=	-8.20

Li-FT Power Change In Receivables Related Terms

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

Li-FT Power (TSXV:LIFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (TSXV:LIFT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

LIFFF:USA WS0:Germany

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.li-ft.com

Li-FT Power Ltd is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties. The company is exploring lithium. Its project portfolio includes Rupert Project, Pontax Project, Moyenne Project, and Lithium Yellowknife Project.

Li-FT Power (TSXV:LIFT) Headlines

No Headlines