Radio Fuels Energy (XCNQ:CAKE) Change In Receivables : C$-0.02 Mil (TTM As of Feb. 2024)

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What is Radio Fuels Energy Change In Receivables?

Radio Fuels Energy's change in receivables for the quarter that ended in Feb. 2024 was C$-0.01 Mil. It means Radio Fuels Energy's Accounts Receivable increased by C$0.01 Mil from Nov. 2023 to Feb. 2024 .

Radio Fuels Energy's change in receivables for the fiscal year that ended in Nov. 2023 was C$-0.02 Mil. It means Radio Fuels Energy's Accounts Receivable increased by C$0.02 Mil from Nov. 2022 to Nov. 2023 .

Radio Fuels Energy's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.06 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. Radio Fuels Energy's liquidation value for the three months ended in Feb. 2024 was C$16.40 Mil.

Radio Fuels Energy Change In Receivables Historical Data

The historical data trend for Radio Fuels Energy'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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Radio Fuels Energy Change In Receivables Chart

Radio Fuels Energy Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Change In Receivables

-0.03

0.02

-0.02

Radio Fuels Energy Quarterly Data
	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												-	-	-	-0.02	-0.01

Radio Fuels Energy 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$-0.02 Mil.

Radio Fuels Energy (XCNQ:CAKE) 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.

Radio Fuels Energy's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.061	/	0	*	91
=

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

Radio Fuels Energy'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)
=	16.421	-	0.069	+	0.75 * 0.061	+	0.5 * 0
=	16.40

Radio Fuels Energy Change In Receivables Related Terms

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Radio Fuels Energy (XCNQ:CAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Radio Fuels Energy Corp (XCNQ:CAKE) » Definitions » Change In Receivables

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Traded in Other Exchanges

CKEFF:USA

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.radiofuels.ca

Radio Fuels Energy Corp is a mineral resource company in the development stage that is engaged in the acquisition of interests and in the exploration of, mineral resource properties. Radio Fuel's flagship property is owned by Eco Ridge Project located in Elliot Lake pounds of uranium oxide were mined from conglomerate beds by Rio Algom and Denison Mines.

Executives

Philip O'neill

Director, Senior Officer