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Cooper Metals (ASX:CPM) Accounts Receivable : A$0.04 Mil (As of Dec. 2024)


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What is Cooper Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cooper Metals's accounts receivables for the quarter that ended in Dec. 2024 was A$0.04 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. Cooper Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.03.


Cooper Metals Accounts Receivable Historical Data

The historical data trend for Cooper Metals'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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Cooper Metals Accounts Receivable Chart

Cooper Metals Annual Data
Trend Jun22 Jun23 Jun24
Accounts Receivable
- - -

Cooper Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial 0.40 - 0.10 - 0.04

Cooper Metals Accounts Receivable Calculation

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


Cooper Metals 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.039/0*91
=

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

Cooper Metals'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)
=(2.138+0.75 * 0.039+0.5 * 0-0.04
-0-0)/78.356
=0.03

* 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.


Cooper Metals Accounts Receivable Related Terms

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Cooper Metals Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Cooper Metals Ltd is engaged in identifying, exploring and developing copper and gold deposits in Queensland and Western Australia. The company has only one operating segment, being mineral exploration. The company's project includes Mount Isa East and Gooroo Gold.

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