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Dinero Ventures (TSXV:DNO) Accounts Receivable : C$0.00 Mil (As of Feb. 2024)


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What is Dinero Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Dinero Ventures's accounts receivables for the quarter that ended in Feb. 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. Dinero Ventures's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was C$0.01.


Dinero Ventures Accounts Receivable Historical Data

The historical data trend for Dinero Ventures'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.

Dinero Ventures Accounts Receivable Chart

Dinero Ventures Annual Data
Trend Nov21 Nov22 Nov23
Accounts Receivable
- - -

Dinero Ventures Quarterly Data
May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Dinero Ventures Accounts Receivable Calculation

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


Dinero Ventures 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.

Dinero Ventures'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), Dinero Ventures's accounts receivable are only considered to be worth 75% of book value:

Dinero Ventures'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)
=(0.234+0.75 * 0+0.5 * 0-0.023
-0-0)/23.5333
=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.


Dinero Ventures Accounts Receivable Related Terms

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Dinero Ventures (TSXV:DNO) Business Description

Traded in Other Exchanges
N/A
Address
905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0
Website
Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

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