Trifecta Gold (TSXV:TG) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)

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What is Trifecta Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trifecta Gold's accounts receivables for the quarter that ended in Mar. 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. Trifecta Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.02.

Trifecta Gold Accounts Receivable Historical Data

The historical data trend for Trifecta Gold'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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Trifecta Gold Accounts Receivable Chart

Trifecta Gold Annual Data

Trend

Dec16

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Dec23

Accounts Receivable

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Trifecta Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Trifecta Gold Accounts Receivable Calculation

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

Trifecta Gold 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.

Trifecta Gold's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

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

Trifecta Gold's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(0.451	+	0.75 * 0	+	0.5 * 0	-	0.061
-	0	-	0)	/	20.0248
=	0.02

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.

Trifecta Gold Accounts Receivable Related Terms

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Trifecta Gold (TSXV:TG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trifecta Gold Ltd (TSXV:TG) » Definitions » Accounts Receivable

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TRRFF:USA

Address

1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6

Website

https://www.trifectagold.com

Trifecta Gold Ltd is a precious metal-focused exploration company in Canada. The company's principal business activity is the acquisition, exploration, and evaluation of mineral properties. The company focuses on exploring for gold and silver ores. It focuses on developing gold projects including Eureka Project, Trident Gold Project, Treble, and Yuge.

Executives