ARBTF (Argo Gold) Accounts Receivable: $0.07 Mil (As of Dec. 2025)

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What is Argo Gold Accounts Receivable?

Argo Gold ARBTF -10.00% Accounts Receivable is $0.07 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Argo Gold's accounts receivables for the quarter that ended in Dec. 2025 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Argo Gold's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 46.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Argo Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-0.02.

Argo Gold 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.

Argo Gold's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.07/0.136*91
=46.97

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

Argo Gold's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 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)
=(0.094+0.75 * 0.07+0.5 * 0-1.342
-0-0)/72.088
=-0.02

* 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.

Argo Gold Accounts Receivable Related Terms

Argo Gold Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Argo Gold'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.

Argo Gold Accounts Receivable Chart

Argo Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.12 0.14 0.07

Argo Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.14 0.13 0.10 0.08 0.07

Argo Gold Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.07 Mil mean?
Argo Gold (ARBTF) has a Accounts Receivable of $0.07 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Argo Gold and its competitors.
Is Argo Gold's Accounts Receivable too high?
Argo Gold's current Accounts Receivable is $0.07 Mil.
How does Argo Gold's Accounts Receivable compare to NEM and AU?
Argo Gold's Accounts Receivable of $0.07 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Argo Gold and its competitors. Argo Gold's current Accounts Receivable is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Argo Gold (ARBTF) has a current Accounts Receivable of $0.07 Mil. The current Accounts Receivable is $0.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Argo Gold (ARBTF), the current Accounts Receivable is $0.07 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Argo Gold Business Description

Other Exchanges P3U:GermanyARQ:Canada
Address 25 Adelaide Street, East, Suit 1400, Toronto, ON, CAN, M5C 3A1
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.