Reno Gold (Reno Gold) Accounts Receivable : $0.00 Mil (As of . 20)

View and export this data going back to 2005. Start your Free Trial

What is Reno Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Reno Gold's accounts receivables for the quarter that ended in . 20 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. Reno Gold's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.

Reno Gold Accounts Receivable Historical Data

The historical data trend for Reno Gold'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.

Reno Gold Accounts Receivable Chart

Reno Gold Annual Data

Trend

Accounts Receivable

Reno Gold Semi-Annual Data

Accounts Receivable

Reno Gold Accounts Receivable Calculation

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

Reno Gold 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.

Reno Gold's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Reno Gold's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=	(	+	0.75 *	+	0.5 *	-	N/A
-		-	)	/	0
=	N/A

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.

Reno Gold Accounts Receivable Related Terms

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

Reno Gold (Reno Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reno Gold Corp (OTCPK:RNGG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

119 Westcreek Drive - Unit 3, Woodbridge, Vaughan, ON, CAN, L4L9N6

Website

https://www.renogoldcorporation.com

Reno Gold Corp is engaged in precious metals exploration in the area of Nevada, United States.

Reno Gold (Reno Gold) Headlines

From GuruFocus

Reno Gold Shareholders Approve Reverse Stock Split

By PRNewswire PRNewswire • 05-02-2023