Lykos Metals (ASX:LYK) Accounts Receivable : A$0.00 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Lykos Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lykos Metals's accounts receivables for the quarter that ended in Dec. 2023 was A$0.00 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. Lykos Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.01.

Lykos Metals Accounts Receivable Historical Data

The historical data trend for Lykos 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.

Lykos Metals Accounts Receivable Chart

Lykos Metals Annual Data

Trend

Jun22

Jun23

Accounts Receivable

Lykos Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	-	-	-	-	-

Lykos Metals Accounts Receivable Calculation

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

Lykos 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.

Lykos Metals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

Lykos Metals's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.824	+	0.75 * 0	+	0.5 * 0	-	0.099
-	0	-	0)	/	62.4
=	0.01

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.

Lykos Metals Accounts Receivable Related Terms

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

Lykos Metals (ASX:LYK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lykos Metals Ltd (ASX:LYK) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 -158 Saint Georges Terrace, Level 48, Central Park, Perth, WA, AUS, 6000

Website

https://www.lykosmetals.com

Lykos Metals Ltd is a mineral exploration company. It has acquired three battery metals projects in Bosnia-Herzegovina. Its projects include Sinjakovo Project; Cajnice Project, Jezero Project and Sockovac Project. The projects have a history of high-grade minerals discovery and extraction and are prospective for nickel, copper, cobalt, precious metals, and potentially also lithium and REE.

Lykos Metals (ASX:LYK) Headlines

No Headlines