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St-Georges Eco-Mining (STU:85G1) Accounts Receivable : €0.26 Mil (As of Dec. 2023)


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What is St-Georges Eco-Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. St-Georges Eco-Mining's accounts receivables for the quarter that ended in Dec. 2023 was €0.26 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. St-Georges Eco-Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €0.01.


St-Georges Eco-Mining Accounts Receivable Historical Data

The historical data trend for St-Georges Eco-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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St-Georges Eco-Mining Accounts Receivable Chart

St-Georges Eco-Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.04 1.43 0.65 0.61

St-Georges Eco-Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.47 0.61 - 0.26

St-Georges Eco-Mining Accounts Receivable Calculation

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


St-Georges Eco-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.

St-Georges Eco-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
=0.264/0*91
=

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

St-Georges Eco-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)
=(1.157+0.75 * 0.264+0.5 * 0-6.604
-0--8.363)/278.739
=0.01

* 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.


St-Georges Eco-Mining Accounts Receivable Related Terms

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St-Georges Eco-Mining (STU:85G1) Business Description

Traded in Other Exchanges
Address
1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4
St-Georges Eco-Mining Corp develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain. The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. It also has verticals in critical mineral exploration in Quebec and Iceland. Its segment includes the acquisition and exploration of mining properties.

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