GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Energy Transition Minerals Ltd (ASX:ETM) » Definitions » Accounts Receivable

Energy Transition Minerals (ASX:ETM) Accounts Receivable : A$0.60 Mil (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Energy Transition Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Energy Transition Minerals's accounts receivables for the quarter that ended in Jun. 2023 was A$0.60 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. Energy Transition Minerals's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was A$0.01.


Energy Transition Minerals Accounts Receivable Historical Data

The historical data trend for Energy Transition 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.

* Premium members only.

Energy Transition Minerals Accounts Receivable Chart

Energy Transition Minerals Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Energy Transition Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 2.26 - 0.60 -

Energy Transition Minerals Accounts Receivable Calculation

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


Energy Transition 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.

Energy Transition Minerals's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.598/0*91
=

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

Energy Transition Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(21.56+0.75 * 0.598+0.5 * 0-4.435
-0-0)/1355.74
=0.01

* 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.


Energy Transition Minerals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Energy Transition Minerals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Transition Minerals (ASX:ETM) Business Description

Traded in Other Exchanges
Address
Unit 7, 100 Railway Road, Subiaco, WA, AUS, 6008
Energy Transition Minerals Ltd is a mineral exploration and evaluation company. It is focused on advancing the Kvanefjeld multi-element project (rare earth elements, uranium, and zinc). Kvanefjeld project is centered on the Ilimaussaq Alkaline Complex in southern Greenland. The group also commenced initial exploration work on the Villasrubias lithium project in Spain.

Energy Transition Minerals (ASX:ETM) Headlines

No Headlines