GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North American Tungsten Corp Ltd (TSXV:NTC.H) » Definitions » Accounts Receivable

North American Tungsten (TSXV:NTC.H) Accounts Receivable : C$1.65 Mil (As of Jun. 2015)


View and export this data going back to 1980. Start your Free Trial

What is North American Tungsten Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. North American Tungsten's accounts receivables for the quarter that ended in Jun. 2015 was C$1.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. North American Tungsten's Days Sales Outstanding for the quarter that ended in Jun. 2015 was 10.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. North American Tungsten's Net-Net Working Capital per share for the quarter that ended in Jun. 2015 was C$-0.38.


North American Tungsten Accounts Receivable Historical Data

The historical data trend for North American Tungsten'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.

North American Tungsten Accounts Receivable Chart

North American Tungsten Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 7.62 17.15 9.03 1.25

North American Tungsten Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 3.36 1.25 0.72 0.64 1.65

North American Tungsten Accounts Receivable Calculation

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


North American Tungsten 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.

North American Tungsten's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.647/14.968*91
=10.04

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

North American Tungsten's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2015 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)
=(1.113+0.75 * 1.647+0.5 * 10.464-99.096
-0-0)/238.123
=-0.38

* 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.


North American Tungsten Accounts Receivable Related Terms

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


North American Tungsten (TSXV:NTC.H) Business Description

Traded in Other Exchanges
N/A
Address
1188 West Georgia Street, Suite 1640, Vancouver, BC, CAN, V6E 4A2
North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.

North American Tungsten (TSXV:NTC.H) Headlines

No Headlines