Clean Air Metals (Clean Air Metals) Accounts Receivable : $0.00 Mil (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Clean Air Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Clean Air Metals's accounts receivables for the quarter that ended in Oct. 2023 was $0.00 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. Clean Air Metals's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $0.01.

Clean Air Metals Accounts Receivable Historical Data

The historical data trend for Clean Air Metals'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.

Clean Air Metals Accounts Receivable Chart

Clean Air Metals Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Accounts Receivable

3.73

Clean Air Metals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Accounts Receivable	Get a 7-Day Free Trial															-	3.73	-	-	-

Clean Air Metals Accounts Receivable Calculation

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

Clean Air Metals 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.

Clean Air Metals's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

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

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

Clean Air Metals's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=	(5.098	+	0.75 * 0	+	0.5 * 0	-	2.547
-	0	-	0)	/	224.048
=	0.01

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.

Clean Air Metals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Clean Air Metals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Clean Air Metals (Clean Air Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Clean Air Metals Inc (OTCPK:CLRMF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

AIR:Canada

Address

100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4

Website

https://www.cleanairmetals.ca

Clean Air Metals Inc is engaged in mineral exploration and evaluation. The projects of the company include Thunder Bay North Property, Located approximately 50km northeast of the city of Thunder Bay, within the Thunder Bay Mining Division, in Ontario, Canada and Triple Flag Net Smelter Royalty.