GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avalon Advanced Materials Inc (TSX:AVL) » Definitions » Accounts Receivable

Avalon Advanced Materials (TSX:AVL) Accounts Receivable : C$0.00 Mil (As of Nov. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Avalon Advanced Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avalon Advanced Materials's accounts receivables for the quarter that ended in Nov. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Avalon Advanced Materials's Days Sales Outstanding for the quarter that ended in Nov. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Avalon Advanced Materials's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was C$-0.01.


Avalon Advanced Materials Accounts Receivable Historical Data

The historical data trend for Avalon Advanced Materials'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.

Avalon Advanced Materials Accounts Receivable Chart

Avalon Advanced Materials Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Avalon Advanced Materials Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22 Feb23 May23 Nov23
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 - - - - -

Avalon Advanced Materials Accounts Receivable Calculation

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


Avalon Advanced Materials 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.

Avalon Advanced Materials's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.07*91
=0.00

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

Avalon Advanced Materials's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.771+0.75 * 0+0.5 * 0-5.349
-0-0)/560.374
=-0.01

* 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.


Avalon Advanced Materials Accounts Receivable Related Terms

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


Avalon Advanced Materials (TSX:AVL) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 1901, Toronto, ON, CAN, M5H 3P5
Avalon Advanced Materials Inc is a mineral exploration and development company. The projects of the company includes East Kemptville, Lilypad, Nechalacho, Separation Rapids, and Warren Township.

Avalon Advanced Materials (TSX:AVL) Headlines

No Headlines