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Hecla Mining Co (Hecla Mining Co) Accounts Receivable : $33.1 Mil (As of Dec. 2023)


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What is Hecla Mining Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hecla Mining Co's accounts receivables for the quarter that ended in Dec. 2023 was $33.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hecla Mining Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 18.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hecla Mining Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.40.


Hecla Mining Co Accounts Receivable Historical Data

The historical data trend for Hecla Mining Co'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.

Hecla Mining Co Accounts Receivable Chart

Hecla Mining Co 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 11.95 27.86 44.59 55.84 33.12

Hecla Mining Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 55.84 28.93 15.60 16.69 33.12

Hecla Mining Co Accounts Receivable Calculation

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


Hecla Mining Co 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.

Hecla Mining Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.116/160.69*91
=18.81

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

Hecla Mining Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(106.374+0.75 * 33.116+0.5 * 93.647-1043
-0.039-0)/616.112
=-1.40

* 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.


Hecla Mining Co Accounts Receivable Related Terms

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Hecla Mining Co (Hecla Mining Co) Business Description

Traded in Other Exchanges
Address
6500 North Mineral Drive, Suite 200, Coeur d'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.
Executives
George R Johnson director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Kurt Allen officer: Vice President - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Michael L. Clary officer: Sr. VP & Chief Admin. Officer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
David C Sienko officer: Vice President - Gen. Counsel 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815
Stephen F Ralbovsky director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Charles B Stanley director 6500 NORTH MINERAL DRIVE, COEUR D'ALENE ID 83815-9408
Theodore Crumley director 2390 N. TOWERVIEW LANE, BOISE ID 83702
Terry V Rogers director 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Nethercutt George R Jr director 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815-9408
Russell Douglas Lawlar officer: Sr. VP, CFO and Treasurer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Alice Wong director 6500 N. MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Baker Phillips S Jr director, officer: President, CEO & CFO 6500 NORTH MINERAL DRIVE, SUITE 200, COEUR D 'ALENE ID 83815
Robert Denis Brown officer: Vice President - Corp. Develp. 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Lauren M Roberts officer: Sr. Vice President & COO 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Catherine J Boggs director 6500 N MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815