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Strategic Resources (TSXV:SR) Accounts Receivable : C$0.00 Mil (As of Mar. 2023)


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What is Strategic Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strategic Resources's accounts receivables for the quarter that ended in Mar. 2023 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. Strategic Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was C$-2.61.


Strategic Resources Accounts Receivable Historical Data

The historical data trend for Strategic Resources'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.

Strategic Resources Accounts Receivable Chart

Strategic Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
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Strategic Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Strategic Resources Accounts Receivable Calculation

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


Strategic Resources 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.

Strategic Resources's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

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

Strategic Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(12.845+0.75 * 0+0.5 * 0-38.447
-0-0)/9.80143
=-2.61

* 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.


Strategic Resources Accounts Receivable Related Terms

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Strategic Resources (TSXV:SR) Business Description

Traded in Other Exchanges
Address
1155 Metcalfe Street, Suite 1539, Montréal, QC, CAN, H3B 2V6
Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, iron, titanium, and other metals for the electrification of the economy. The Company is focused on its flagship Mustavaara vanadium-iron-titanium project in Finland. Other project includes the construction-ready BlackRock Vanadium-Titanium-Iron Project in Quebec. The Group has one operating segment, being the acquisition, exploration and evaluation of mineral assets. The company operates in Canada and Finland.
Executives
Scott Victor Andrew Hicks Director, Senior Officer

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