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Big River Gold (ASX:BRV) Accounts Receivable : A$0.21 Mil (As of Jun. 2021)


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What is Big River Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Big River Gold's accounts receivables for the quarter that ended in Jun. 2021 was A$0.21 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. Big River Gold's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was A$0.08.


Big River Gold Accounts Receivable Historical Data

The historical data trend for Big River 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.

* Premium members only.

Big River Gold Accounts Receivable Chart

Big River Gold Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.28 0.25 0.15 0.15

Big River Gold Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 0.25 0.20 0.15 0.21 0.15

Big River Gold Accounts Receivable Calculation

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


Big River 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.

Big River Gold's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.21/0*91
=

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

Big River Gold's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(19.27+0.75 * 0.21+0.5 * 0-1.922
-0-0)/219.331
=0.08

* 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.


Big River Gold Accounts Receivable Related Terms

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Big River Gold (ASX:BRV) Business Description

Traded in Other Exchanges
N/A
Address
25 Richardson Street, Ground Floor, Perth, WA, AUS, 6005
Big River Gold Ltd is a specialized minerals exploration company focused on advancing its wholly-owned core projects in Brazil across the project exploration and development curve. It operates in two geographical areas being Australia and Brazil. The company projects include the Borborema Gold project is located in the Serido area of the Borborema province, within the State of Rio Grande do Norte in northeastern Brazil.

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