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Polo Resources (Polo Resources) Accounts Receivable : $0.00 Mil (As of Dec. 2019)


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What is Polo Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Polo Resources's accounts receivables for the quarter that ended in Dec. 2019 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. Polo Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2019 was $-0.00.


Polo Resources Accounts Receivable Historical Data

The historical data trend for Polo Resources'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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Polo Resources Accounts Receivable Chart

Polo Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Accounts Receivable
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Polo Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Polo Resources Accounts Receivable Calculation

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


Polo Resources 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.

Polo Resources's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-5.32*91
=

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

Polo Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2019 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)
=(0.281+0.75 * 0+0.5 * 0-1.286
-0-0.09)/384.006
=-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.


Polo Resources Accounts Receivable Related Terms

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Polo Resources (Polo Resources) Business Description

Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, Tortola, Road Town, VIR, 1110
Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

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