GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Skyharbour Resources Ltd (TSXV:SYH) » Definitions » Accounts Receivable

Skyharbour Resources (TSXV:SYH) Accounts Receivable : C$0.13 Mil (As of Dec. 2023)


View and export this data going back to 1970. Start your Free Trial

What is Skyharbour Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Skyharbour Resources's accounts receivables for the quarter that ended in Dec. 2023 was C$0.13 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. Skyharbour Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.05.


Skyharbour Resources Accounts Receivable Historical Data

The historical data trend for Skyharbour 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.

Skyharbour Resources Accounts Receivable Chart

Skyharbour Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.04 0.10 0.12

Skyharbour Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 0.07 0.07 0.12 0.22 0.13

Skyharbour Resources Accounts Receivable Calculation

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


Skyharbour 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.132/0*91
=

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

Skyharbour Resources'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)
=(9.868+0.75 * 0.132+0.5 * 0-0.282
-0-0)/181.159
=0.05

* 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.


Skyharbour Resources Accounts Receivable Related Terms

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


Skyharbour Resources (TSXV:SYH) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, PO Box 10427, Vancouver, BC, CAN, V7Y 1K4
Skyharbour Resources Ltd is engaged the acquisition and exploration of mineral property interests, at the present, principally in Saskatchewan, Canada. The company is principally engaged in the acquisition, exploration, and evaluation of resource properties in Saskatchewan, Canada. Its projects include Falcon Point and Yurchison, Moore Lake, Mann Lake, Preston and others.

Skyharbour Resources (TSXV:SYH) Headlines

No Headlines