International Graphite (ASX:IG6) Accounts Receivable : A$0.10 Mil (As of Dec. 2024)

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What is International Graphite Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Graphite's accounts receivables for the quarter that ended in Dec. 2024 was A$0.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Graphite's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 1,926.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Graphite's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.01.

International Graphite Accounts Receivable Historical Data

The historical data trend for International Graphite'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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International Graphite Accounts Receivable Chart

International Graphite Annual Data

Trend

Jun22

Jun23

Jun24

Accounts Receivable

International Graphite Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			0.14	-	0.05	-	0.10

International Graphite Accounts Receivable Calculation

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

International Graphite 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.

International Graphite's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.095	/	0.009	*	91
=	1,926.39

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

International Graphite's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(1.459	+	0.75 * 0.095	+	0.5 * 0	-	3.728
-	0	-	0)	/	193.558
=	-0.01

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.

International Graphite Accounts Receivable Related Terms

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International Graphite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Graphite Ltd (ASX:IG6) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

H99:Germany

Address

333 Charles Street, Level 1, North Perth, Perth, WA, AUS, 6006

Website

https://www.internationalgraphite.com.au

International Graphite Ltd is engaged in the processing, treatment, and production of graphite. The company intends to develop a downstream graphite processing business to treat mined graphite concentrates and produce finished graphite products for specialised industrial applications and Battery Anode Material (BAM) to meet the projected global of lithium-ion batteries. Western Australia is developing a battery hub in the southwest of the state to feed the growing international battery demand. The company plans to be an integral part of this battery commodity supply chain in Western Australia and internationally.

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