GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Prodigy Gold NL (ASX:PRX) » Definitions » Accounts Receivable

Prodigy Gold NL (ASX:PRX) Accounts Receivable : A$0.1 Mil (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Prodigy Gold NL Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Prodigy Gold NL's accounts receivables for the quarter that ended in Dec. 2023 was A$0.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Prodigy Gold NL's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Prodigy Gold NL's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$-0.02.


Prodigy Gold NL Accounts Receivable Historical Data

The historical data trend for Prodigy Gold NL'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.

Prodigy Gold NL Accounts Receivable Chart

Prodigy Gold NL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Prodigy Gold NL Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 1.11 - 0.11 -

Prodigy Gold NL Accounts Receivable Calculation

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


Prodigy Gold NL 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.

Prodigy Gold NL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.113/847.5*91
=0.02

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

Prodigy Gold NL'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)
=(2.779+0.75 * 0.113+0.5 * 0.004-1.963
-0-44.8)/1970
=-0.02

* 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.


Prodigy Gold NL Accounts Receivable Related Terms

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


Prodigy Gold NL Business Description

Traded in Other Exchanges
N/A
Address
67 Smith Street, Level 1, Darwin, NT, AUS, 0800
Prodigy Gold NL is a gold exploration company. Its exploration project portfolio comprises the Lake Mackay Project, Buccaneer Project, North Arunta Project, Hyperion Project, Tobruk and Monza JV Projects, Old Pirate Project, and Mineral Resource Statement. The group has one operating segment reportable as exploration.

Prodigy Gold NL Headlines

No Headlines