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Silver Dollar Resources (XCNQ:SLV) Accounts Receivable : C$0.03 Mil (As of Feb. 2024)


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What is Silver Dollar Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silver Dollar Resources's accounts receivables for the quarter that ended in Feb. 2024 was C$0.03 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. Silver Dollar Resources's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was C$0.08.


Silver Dollar Resources Accounts Receivable Historical Data

The historical data trend for Silver Dollar 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.

Silver Dollar Resources Accounts Receivable Chart

Silver Dollar Resources Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
- 0.02 - 0.24 0.04

Silver Dollar Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.38 0.75 0.04 0.03 0.03

Silver Dollar Resources Accounts Receivable Calculation

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


Silver Dollar 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.

Silver Dollar Resources's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.028/0*91
=

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

Silver Dollar Resources's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(3.665+0.75 * 0.028+0.5 * 0-0.057
-0-0)/44.1024
=0.08

* 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.


Silver Dollar Resources Accounts Receivable Related Terms

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Silver Dollar Resources (XCNQ:SLV) Business Description

Traded in Other Exchanges
Address
179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9
Silver Dollar Resources Inc is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration programs thereon. Its properties include La Joya Project, Nora Project in Mexico; Longlegged Lake Property and Pakwash Lake Property in Ontario.
Executives
Joseph Jerome Smulders Senior Officer

Silver Dollar Resources (XCNQ:SLV) Headlines

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