High-Tech Metals (ASX:HTM) Accounts Receivable : A$0.94 Mil (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is High-Tech Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. High-Tech Metals's accounts receivables for the quarter that ended in Dec. 2024 was A$0.94 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. High-Tech Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.02.

High-Tech Metals Accounts Receivable Historical Data

The historical data trend for High-Tech 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.

* Premium members only.

High-Tech Metals Accounts Receivable Chart

High-Tech Metals Annual Data

Trend

Jun23

Jun24

Accounts Receivable

0.04

High-Tech Metals Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	0.07	-	1.96	0.04	0.94

High-Tech Metals Accounts Receivable Calculation

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

High-Tech 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.

High-Tech 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
=	0.936	/	0	*	91
=

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

High-Tech 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)
=	(0.12	+	0.75 * 0.936	+	0.5 * 0	-	0.192
-	0	-	0)	/	32.840
=	0.02

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.

High-Tech Metals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of High-Tech Metals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

High-Tech Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » High-Tech Metals Ltd (ASX:HTM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Townshend Road, Subiaco, WA, AUS, 6009

Website

https://www.hightechmetals.com.au

High-Tech Metals Ltd is engaged in the exploration and development of mineral resource properties, It holds Werner Lake Project, a cobalt project located in north-western Ontario, Canada, within the Kenora Mining District.

High-Tech Metals Headlines

From GuruFocus

US Geothermal Inc. (HTM) COO Douglas J Glaspey sells 27,240 Shares

By GuruFocus Research GuruFocus Editor • 03-09-2011

U.S. Geothermal Inc. Shareholders Approve All Proposals During Special Meeting

By Marketwired Marketwired • 04-24-2018

WEEKLY CFO SELLS HIGHLIGHT: HTM, OVTI, VSEA, KSWS,GERN, ATRC

By Jimmy Xiao gurujx • 06-20-2011