Mt Malcolm Mines NL (ASX:M2M) Accounts Receivable : A$0.18 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Mt Malcolm Mines NL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mt Malcolm Mines NL's accounts receivables for the quarter that ended in Dec. 2023 was A$0.18 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. Mt Malcolm Mines NL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.00.

Mt Malcolm Mines NL Accounts Receivable Historical Data

The historical data trend for Mt Malcolm Mines NL'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.

Mt Malcolm Mines NL Accounts Receivable Chart

Mt Malcolm Mines NL Annual Data

Trend

Jun22

Jun23

Accounts Receivable

0.14

Mt Malcolm Mines NL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	0.25	0.14	0.25	-	0.18

Mt Malcolm Mines NL Accounts Receivable Calculation

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

Mt Malcolm Mines NL 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.

Mt Malcolm Mines NL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.179	/	0	*	91
=

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

Mt Malcolm Mines NL'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)
=	(0.368	+	0.75 * 0.179	+	0.5 * 0	-	0.931
-	0	-	0)	/	117.343
=	-0.00

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.

Mt Malcolm Mines NL Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mt Malcolm Mines NL's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mt Malcolm Mines NL (ASX:M2M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mt Malcolm Mines NL (ASX:M2M) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Sarich Court, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.mtmalcolm.com.au

Mt Malcolm Mines NL is a gold-focused exploration company. Its key project is the Malcolm Project located in the Mt Malcolm District of the Mt Margaret Mineral Field in Western Australia. The firm is organised into two operating segments, which is corporate and exploration operations.

Mt Malcolm Mines NL (ASX:M2M) Headlines

No Headlines