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GoldMining (FRA:BSR) Accounts Receivable : €0.00 Mil (As of Feb. 2024)


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What is GoldMining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GoldMining's accounts receivables for the quarter that ended in Feb. 2024 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. GoldMining's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was €0.04.


GoldMining Accounts Receivable Historical Data

The historical data trend for GoldMining'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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GoldMining Accounts Receivable Chart

GoldMining Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Accounts Receivable
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GoldMining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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GoldMining Accounts Receivable Calculation

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


GoldMining 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.

GoldMining's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

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

GoldMining's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 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)
=(12.408+0.75 * 0+0.5 * 0-3.433
-0-2.057)/183.915
=0.04

* 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.


GoldMining Accounts Receivable Related Terms

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GoldMining (FRA:BSR) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and other regions of the Americas. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Whistler GoldCopper Project, located in Alaska, United States, Sao Jorge Gold Project located in the State of Para, northeastern Brazil, and Yellowknife Gold Project, located in the Northwest Territories, Canada.

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