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Australian Strategic Materials (ASX:ASM) Accounts Receivable : A$2.43 Mil (As of Dec. 2024)


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What is Australian Strategic Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Australian Strategic Materials's accounts receivables for the quarter that ended in Dec. 2024 was A$2.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Australian Strategic Materials's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 201.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Australian Strategic Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$-0.09.


Australian Strategic Materials Accounts Receivable Historical Data

The historical data trend for Australian Strategic 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.

Australian Strategic Materials Accounts Receivable Chart

Australian Strategic Materials Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
0.39 0.53 1.10 0.05

Australian Strategic Materials Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.10 1.57 0.05 2.43

Australian Strategic Materials Accounts Receivable Calculation

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


Australian Strategic 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.

Australian Strategic Materials's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.425/2.201*91
=201.07

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

Australian Strategic Materials'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)
=(32.603+0.75 * 2.425+0.5 * 13.993-57.003
-0-0.044)/181.320
=-0.09

* 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.


Australian Strategic Materials Accounts Receivable Related Terms

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Australian Strategic Materials Business Description

Traded in Other Exchanges
Address
66 Kings Park Road, Level 4, West Perth, Perth, WA, AUS, 6005
Australian Strategic Materials Ltd is engaged in the business of producing and mining specialty metal and oxides. The product portfolio includes neodymium, praseodymium, zirconium, hafnium, dysprosium, terbium and niobium oxides. Its Dubbo Project includes Central Western New South Wales, Australia. The company's segment includes Corporate, Dubbo, and Korea. The company generates majority of its revenue from Korea, which includes the Korean Metals Plant.