Golden Sky Minerals (TSXV:AUEN) Accounts Receivable : C$0.00 Mil (As of Jun. 2024)

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What is Golden Sky Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Golden Sky Minerals's accounts receivables for the quarter that ended in Jun. 2024 was C$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. Golden Sky Minerals's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$0.03.

Golden Sky Minerals Accounts Receivable Historical Data

The historical data trend for Golden Sky Minerals'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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Golden Sky Minerals Accounts Receivable Chart

Golden Sky Minerals Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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Golden Sky Minerals Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Receivable	Get a 7-Day Free Trial															0.06	-	-	-	-

Golden Sky Minerals Accounts Receivable Calculation

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

Golden Sky Minerals 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.

Golden Sky Minerals's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

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

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

Golden Sky Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=	(0.568	+	0.75 * 0	+	0.5 * 0	-	0.069
-	0	-	0)	/	19.6746
=	0.03

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.

Golden Sky Minerals Accounts Receivable Related Terms

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Golden Sky Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Sky Minerals Corp (TSXV:AUEN) » Definitions » Accounts Receivable

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Traded in Other Exchanges

LCKYF:USA

Address

2110 - 650 W Georgia Street, Vancouver, BC, CAN, V6B 4N9

Website

https://www.goldenskyminerals.com

Golden Sky Minerals Corp is a junior exploration company. It is focused on the discovery of new precious metal and copper projects through systematic exploration in metal endowed terranes, located in tier one mining jurisdictions. The company's main focus is developing its portfolio of projects to resource stage. The drill ready projects include Hotspot, Bullseye, and Luckystrike, all in the Yukon. In addition, the Rayfield Copper Gold Project in southern British Columbia, and the Eagle Mountain Gold Project in the Cassiar Gold District in northern British Columbia, adds to the company's building a substantial early-stage project pipeline in Canada.

Executives

John Newell

Senior Officer

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