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Franklin Mining (Franklin Mining) Accounts Receivable : $0.00 Mil (As of Sep. 2002)


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What is Franklin Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Franklin Mining's accounts receivables for the quarter that ended in Sep. 2002 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. Franklin Mining's Net-Net Working Capital per share for the quarter that ended in Sep. 2002 was $-4,134.85.


Franklin Mining Accounts Receivable Historical Data

The historical data trend for Franklin 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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Franklin Mining Accounts Receivable Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Accounts Receivable
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Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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Franklin Mining Accounts Receivable Calculation

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


Franklin 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.

Franklin Mining's Days Sales Outstanding for the quarter that ended in Sep. 2002 is calculated as:

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

Franklin Mining's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2002 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+0.75 * 0+0.5 * 0-2.729
-0-0)/0.00066
=-4,134.85

* 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.


Franklin Mining Accounts Receivable Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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