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Saturn Metals (ASX:STN) Accounts Receivable : A$0.32 Mil (As of Dec. 2024)


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What is Saturn Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saturn Metals's accounts receivables for the quarter that ended in Dec. 2024 was A$0.32 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. Saturn Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.02.


Saturn Metals Accounts Receivable Historical Data

The historical data trend for Saturn 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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Saturn Metals Accounts Receivable Chart

Saturn Metals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial - - - 0.08 0.08

Saturn Metals Semi-Annual Data
Jun17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.05 0.08 0.05 0.08 0.32

Saturn Metals Accounts Receivable Calculation

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


Saturn 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.

Saturn 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
=0.322/0*91
=

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

Saturn 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)
=(9.525+0.75 * 0.322+0.5 * 0-3.097
-0-0)/308.885
=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.


Saturn Metals Accounts Receivable Related Terms

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Saturn Metals Business Description

Traded in Other Exchanges
N/A
Address
9 Havelock Street, West Perth, Perth, WA, AUS, 6000
Saturn Metals Ltd is an Australian-based mineral exploration company. It focuses on gold exploration. The company's project includes the Apollo Hill Project and the West Wyalong project. Its only operating segment is an exploration for precious metals at its tenement package, south of Leonora, Western Australia.