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Century Lithium (Century Lithium) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Century Lithium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Century Lithium's accounts receivables for the quarter that ended in Dec. 2023 was $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. Century Lithium's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.07.


Century Lithium Accounts Receivable Historical Data

The historical data trend for Century Lithium'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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Century Lithium Accounts Receivable Chart

Century Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Century Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Century Lithium Accounts Receivable Calculation

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


Century Lithium 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.

Century Lithium's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

Century Lithium'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)
=(10.728+0.75 * 0+0.5 * 0-0.759
-0-0)/148.745
=0.07

* 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.


Century Lithium Accounts Receivable Related Terms

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Century Lithium (Century Lithium) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, PO Box 10427, Vancouver, BC, CAN, V7Y 1K4
Century Lithium Corp Is a lithium exploration company engaged in the acquisition, exploration, evaluation, and development of resource properties located in the United States. It has focused on developing owned Clayton Valley Lithium Project in Nevada, USA. The company discovered a world-class resource of lithium-bearing claystone, adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. It is actively processing material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada.