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Monument Mining (Monument Mining) Accounts Receivable : $2.30 Mil (As of Sep. 2023)


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What is Monument Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Monument Mining's accounts receivables for the quarter that ended in Sep. 2023 was $2.30 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Monument Mining's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 30.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Monument Mining's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.02.


Monument Mining Accounts Receivable Historical Data

The historical data trend for Monument Mining'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.

Monument Mining Accounts Receivable Chart

Monument Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.74

Monument Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - 1.74 2.30

Monument Mining Accounts Receivable Calculation

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


Monument Mining 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.

Monument Mining's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.299/6.911*91
=30.36

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

Monument Mining's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(4.254+0.75 * 2.299+0.5 * 15.073-20.935
-0-0)/327.205
=-0.02

* 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.


Monument Mining Accounts Receivable Related Terms

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Monument Mining (Monument Mining) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a gold exploration company engaged in gold producing and mining asset developer that owns and operates the Selinsing gold mine in Malaysia. The Selinsing gold portfolio comprises of Selinsing, Buffalo Reef, Felda Land and Famehub properties in Pahang State, Malaysia and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra properties in Western Australia.

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