Sigma Lithium (TSXV:SGML) Change In Receivables : C$-12.5 Mil (TTM As of Mar. 2024)

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What is Sigma Lithium Change In Receivables?

Sigma Lithium's change in receivables for the quarter that ended in Mar. 2024 was C$-12.5 Mil. It means Sigma Lithium's Accounts Receivable increased by C$12.5 Mil from Dec. 2023 to Mar. 2024 .

Sigma Lithium's change in receivables for the fiscal year that ended in Dec. 2023 was C$-41.8 Mil. It means Sigma Lithium's Accounts Receivable increased by C$41.8 Mil from Dec. 2022 to Dec. 2023 .

Sigma Lithium's Accounts Receivable for the quarter that ended in Mar. 2024 was C$39.3 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. Sigma Lithium's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sigma Lithium's liquidation value for the three months ended in Mar. 2024 was C$-190.4 Mil.

Sigma Lithium Change In Receivables Historical Data

The historical data trend for Sigma 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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Sigma Lithium Change In Receivables Chart

Sigma Lithium Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.01

-0.14

-0.29

-41.81

Sigma Lithium Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-12.54

Sigma 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.5 Mil.

Sigma Lithium (TSXV:SGML) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.276	/	50.408	*	91
=	71.10

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	146.393	-	375.946	+	0.75 * 39.276	+	0.5 * 19.473
=	-190.4

Sigma Lithium Change In Receivables Related Terms

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Sigma Lithium (TSXV:SGML) Business Description

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SGML:USA S2GM34:Brazil

Address

Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200

Website

https://www.sigmalithiumresources.com

Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the largest and highest-grade hard rock lithium spodumene deposits in the Americas. It is committed to strong ESG practices and is aiming to be net zero emissions by 2024. Its green-friendly processing plant will use 100% renewable energy, 100% recycled water and 100% dry-stack tailings.