GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nevada Organic Phosphate Inc (XCNQ:NOP) » Definitions » Accounts Receivable

Nevada Organic Phosphate (XCNQ:NOP) Accounts Receivable : C$0.00 Mil (As of Jan. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Nevada Organic Phosphate Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nevada Organic Phosphate's accounts receivables for the quarter that ended in Jan. 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. Nevada Organic Phosphate's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$0.00.


Nevada Organic Phosphate Accounts Receivable Historical Data

The historical data trend for Nevada Organic Phosphate'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.

Nevada Organic Phosphate Accounts Receivable Chart

Nevada Organic Phosphate Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Apr22 Apr23
Accounts Receivable
Get a 7-Day Free Trial 0.78 0.55 0.58 - -

Nevada Organic Phosphate Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Nevada Organic Phosphate Accounts Receivable Calculation

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


Nevada Organic Phosphate 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.

Nevada Organic Phosphate's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Nevada Organic Phosphate's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.128+0.75 * 0+0.5 * 0-0.123
-0-0)/43.3177
=0.00

* 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.


Nevada Organic Phosphate Accounts Receivable Related Terms

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


Nevada Organic Phosphate (XCNQ:NOP) Business Description

Traded in Other Exchanges
N/A
Address
625 Howe Street, Suite 1120, Vancouver, BC, CAN, V6C 2T6
Nevada Organic Phosphate Inc is a junior exploration company for organic, sedimentary raw rock phosphate in northeast Nevada.

Nevada Organic Phosphate (XCNQ:NOP) Headlines

No Headlines