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Avocet Mining (Avocet Mining) Accounts Receivable : $0.00 Mil (As of Jun. 2018)


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What is Avocet Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Avocet Mining's accounts receivables for the quarter that ended in Jun. 2018 was $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. Avocet Mining's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-72.45.


Avocet Mining Accounts Receivable Historical Data

The historical data trend for Avocet Mining'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.

Avocet Mining Accounts Receivable Chart

Avocet Mining Annual Data
Trend Mar08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.15

Avocet Mining Semi-Annual Data
Mar08 Sep08 Mar09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 - - - 0.15 -

Avocet Mining Accounts Receivable Calculation

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


Avocet Mining 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.

Avocet Mining's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

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

Avocet Mining's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(1.832+0.75 * 0+0.5 * 0-32.117
-0-0)/0.418
=-72.45

* 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.


Avocet Mining Accounts Receivable Related Terms

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Avocet Mining (Avocet Mining) Business Description

Traded in Other Exchanges
N/A
Address
15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF
Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

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