GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Wiluna Mining Corp Ltd (OTCPK:WMXCF) » Definitions » Accounts Receivable

Wiluna Mining (Wiluna Mining) Accounts Receivable : $5.49 Mil (As of Jun. 2022)


View and export this data going back to 2016. Start your Free Trial

What is Wiluna Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wiluna Mining's accounts receivables for the quarter that ended in Jun. 2022 was $5.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wiluna Mining's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 88.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wiluna Mining's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-0.32.


Wiluna Mining Accounts Receivable Historical Data

The historical data trend for Wiluna Mining'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.

Wiluna Mining Accounts Receivable Chart

Wiluna Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.28 0.24 - 5.49

Wiluna Mining Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 0.24 2.10 - 3.15 5.49

Wiluna Mining Accounts Receivable Calculation

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


Wiluna Mining 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.

Wiluna Mining's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.489/11.361*91
=88.17

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

Wiluna Mining's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(12.112+0.75 * 5.489+0.5 * 10.173-133.503
-0-0)/354.462
=-0.32

* 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.


Wiluna Mining Accounts Receivable Related Terms

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


Wiluna Mining (Wiluna Mining) Business Description

Traded in Other Exchanges
N/A
Address
643 Murray Street, Level 2, West Perth, Perth, WA, AUS, 6005
Wiluna Mining Corp Ltd is a Perth-based gold mining company that controls over 1,600 square kilometers of the Yilgarn Craton in the Northern Goldfields of WA. The principal activities of the company are the production of gold from the Wiluna Gold Operation; and gold exploration and development. Its project portfolio includes Wiluna, Regent, Lake Way, and Matilda.

Wiluna Mining (Wiluna Mining) Headlines

No Headlines