Premier American Uranium (TSXV:PUR) Accounts Receivable : C$0.12 Mil (As of Dec. 2023)

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What is Premier American Uranium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Premier American Uranium's accounts receivables for the quarter that ended in Dec. 2023 was C$0.12 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. Premier American Uranium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.38.

Premier American Uranium Accounts Receivable Historical Data

The historical data trend for Premier American Uranium'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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Premier American Uranium Accounts Receivable Chart

Premier American Uranium Annual Data

Trend

Dec22

Dec23

Accounts Receivable

0.12

Premier American Uranium Quarterly Data
	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	0.12

Premier American Uranium Accounts Receivable Calculation

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

Premier American Uranium 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.

Premier American Uranium's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.117	/	0	*	91
=

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

Premier American Uranium'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)
=	(6.63	+	0.75 * 0.117	+	0.5 * 0	-	0.645
-	0	-	0)	/	15.7754
=	0.38

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.

Premier American Uranium Accounts Receivable Related Terms

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Premier American Uranium (TSXV:PUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Premier American Uranium Inc (TSXV:PUR) » Definitions » Accounts Receivable

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Traded in Other Exchanges

PAUIF:USA B05:Germany

Address

217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2

Website

https://www.premierur.com

Premier American Uranium Inc a subsidiary of Consolidated Uranium Inc., is focused on the consolidation, exploration, and development of uranium projects in the United States. One of PUR's key strengths lie in the agreements it has to acquire extensive land holdings in two prominent uranium-producing regions in the United States: the Great Divide Basin of Wyoming and the Uravan Mineral Belt of Colorado.

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