GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lincoln Gold Mining Inc (TSXV:LMG) » Definitions » Accounts Receivable

Lincoln Gold Mining (TSXV:LMG) Accounts Receivable : C$0.01 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Lincoln Gold Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lincoln Gold Mining's accounts receivables for the quarter that ended in Dec. 2023 was C$0.01 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. Lincoln Gold Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.23.


Lincoln Gold Mining Accounts Receivable Historical Data

The historical data trend for Lincoln Gold 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.

* Premium members only.

Lincoln Gold Mining Accounts Receivable Chart

Lincoln Gold Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.03 0.01 0.01

Lincoln Gold Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.01 0.01 0.01 0.01 0.01

Lincoln Gold Mining Accounts Receivable Calculation

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


Lincoln Gold 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.

Lincoln Gold 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
=0.014/0*91
=

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

Lincoln Gold 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)
=(0.021+0.75 * 0.014+0.5 * 0-3.176
-0-0)/13.7527
=-0.23

* 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.


Lincoln Gold Mining Accounts Receivable Related Terms

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


Lincoln Gold Mining (TSXV:LMG) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.

Lincoln Gold Mining (TSXV:LMG) Headlines

No Headlines