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Energy Resources of Australia (Energy Resources of Australia) Accounts Receivable : $2.19 Mil (As of Jun. 2023)


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What is Energy Resources of Australia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Energy Resources of Australia's accounts receivables for the quarter that ended in Jun. 2023 was $2.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Energy Resources of Australia's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.04.


Energy Resources of Australia Accounts Receivable Historical Data

The historical data trend for Energy Resources of Australia's Accounts Receivable 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.

Energy Resources of Australia Accounts Receivable Chart

Energy Resources of Australia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 2.42 1.46 3.16 1.83

Energy Resources of Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.46 3.48 3.16 2.19 1.83

Energy Resources of Australia Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Energy Resources of Australia Accounts Receivable 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 receivables are being managed.

Energy Resources of Australia's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.185/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Energy Resources of Australia's accounts receivable are only considered to be worth 75% of book value:

Energy Resources of Australia's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(219.152+0.75 * 2.185+0.5 * 5.159-1003.665
-0-0)/22148.3
=-0.04

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Energy Resources of Australia Accounts Receivable Related Terms

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Energy Resources of Australia (Energy Resources of Australia) Business Description

Traded in Other Exchanges
Address
18-20 Cavenagh Street, GPO Box 2394, Level 3, Energy House, Darwin, NT, AUS, 0801
Energy Resources of Australia Ltd (ERA) is engaged in mining, processing, and sale of uranium oxide. It operates the Ranger uranium mine. The Ranger mine's operational infrastructure lies within the 79-square kilometer Ranger Project Area, which is located eight kilometers east of Jabiru and 260 kilometers east of Darwin, in the Northern Territory of Australia.

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