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Flying Nickel Mining (Flying Nickel Mining) Accounts Receivable : $0.04 Mil (As of Dec. 2023)


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What is Flying Nickel Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Flying Nickel Mining's accounts receivables for the quarter that ended in Dec. 2023 was $0.04 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. Flying Nickel Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.


Flying Nickel Mining Accounts Receivable Historical Data

The historical data trend for Flying Nickel 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.

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Flying Nickel Mining Accounts Receivable Chart

Flying Nickel Mining Annual Data
Trend
Accounts Receivable

Flying Nickel Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial 0.03 0.07 0.11 0.02 0.04

Flying Nickel Mining Accounts Receivable Calculation

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


Flying Nickel 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.038/0*91
=

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

Flying Nickel Mining'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)
=(0.434+0.75 * 0.038+0.5 * 0-0.132
-0-0)/88.0648
=0.00

* 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.


Flying Nickel Mining Accounts Receivable Related Terms

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Flying Nickel Mining (Flying Nickel Mining) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2
Flying Nickel Mining Corp is a premier nickel sulphide mining and exploration company. It holds interests in the Minago Project located in Manitoba's Thompson Nickel Belt in Canada.

Flying Nickel Mining (Flying Nickel Mining) Headlines

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