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Burley Minerals (ASX:BUR) Accounts Receivable : A$0.56 Mil (As of Dec. 2024)


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What is Burley Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Burley Minerals's accounts receivables for the quarter that ended in Dec. 2024 was A$0.56 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Burley Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 12,660.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Burley Minerals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.00.


Burley Minerals Accounts Receivable Historical Data

The historical data trend for Burley Minerals'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.

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Burley Minerals Accounts Receivable Chart

Burley Minerals Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
- - - -

Burley Minerals Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial 0.03 - 0.54 - 0.56

Burley Minerals Accounts Receivable Calculation

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


Burley Minerals 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.

Burley Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.555/0.008*91
=12,660.94

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

Burley Minerals'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)
=(0.763+0.75 * 0.555+0.5 * 0-0.42
-0--0.003)/158.182
=0.00

* 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.


Burley Minerals Accounts Receivable Related Terms

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Burley Minerals Business Description

Traded in Other Exchanges
N/A
Address
30 Richardson Street, Level 3, West Perth, Perth, WA, AUS, 6005
Burley Minerals Ltd is engaged in mineral exploration, evaluation, and development. Its project portfolio includes the Chub Lithium Project and the Manitoba Lithium Project in Canada, and the Yerecoin Iron Project, the Broad Flat Well Iron Project, and the Cane Bore Iron Ore Project in Australia.