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VRX Silica (ASX:VRX) Accounts Receivable : A$0.13 Mil (As of Dec. 2024)


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What is VRX Silica Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. VRX Silica's accounts receivables for the quarter that ended in Dec. 2024 was A$0.13 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. VRX Silica's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.01.


VRX Silica Accounts Receivable Historical Data

The historical data trend for VRX Silica'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.

VRX Silica Accounts Receivable Chart

VRX Silica 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 - - - - -

VRX Silica Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 - 0.19 - 0.13

VRX Silica Accounts Receivable Calculation

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


VRX Silica 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.

VRX Silica's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.129/0*91
=

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

VRX Silica'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)
=(5.36+0.75 * 0.129+0.5 * 0-1.018
-0-0)/743.732
=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.


VRX Silica Accounts Receivable Related Terms

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VRX Silica Business Description

Traded in Other Exchanges
N/A
Address
52 Kings Park Road, Ground Floor, West Perth, WA, AUS, 6005
VRX Silica Ltd is engaged in the exploration and evaluation of mineral properties in Australia. Its projects include the Arrowsmith Silica Sand project, Muchea Silica Sand project, Boyatup Silica Sand project, and Biranup project. The Group has organized its operations into two reportable segments: Development assets and Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.

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