Accounts receivable

12 Months Ended

Oct. 31, 2021

Li Cycle Holdings Corp [Member]

Statement [Line Items]

Accounts receivable

4. Accounts receivable

Aging Summary	October 31, 2021		October 31, 2020
	$		$
Current		3,181,294		540,824
1-30 days		310,818		—
31-60 days		120,604		21,455
61-90 days		18,477		—
91 days and over		441,508		9,021
		4,072,701		571,300

For product sales, the Company estimates the amount of consideration to which it expects to be entitled under provisional pricing arrangements. For the twelve months ended October 31, 2021, the fair value gain

arising from changes in estimates was $805,789 (twelve months ended October 31, 2020: Nil).

An insignificant portion of the receivables relate to services revenue which are initially measured at fair value and subsequently at amortized cost. For the period ended October 31, 2021 and 2020, the Company has assessed an allowance for credit loss of $nil for service-related receivables based on its past experience, the credit ratings of its existing customers and economic trends.

	October 31, 2021		October 31, 2020
	$		$
Harmonized Sales Taxes receivable		379,814		274,998
Other receivables		593,331		43,931
		973,145		318,929