Brookmount Explorations (Brookmount Explorations) Accounts Receivable : $0.00 Mil (As of Nov. 2009)

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What is Brookmount Explorations Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brookmount Explorations's accounts receivables for the quarter that ended in Nov. 2009 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. Brookmount Explorations's Net-Net Working Capital per share for the quarter that ended in Nov. 2009 was $-1.87.

Brookmount Explorations Accounts Receivable Historical Data

The historical data trend for Brookmount Explorations'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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Brookmount Explorations Accounts Receivable Chart

Brookmount Explorations Annual Data

Trend

Nov03

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Nov09

Accounts Receivable

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Brookmount Explorations Semi-Annual Data
	Nov03	Nov04	Nov05	Nov06	Nov07	Nov08	Nov09
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Brookmount Explorations Accounts Receivable Calculation

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

Brookmount Explorations 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.

Brookmount Explorations's Days Sales Outstanding for the quarter that ended in Nov. 2009 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), Brookmount Explorations's accounts receivable are only considered to be worth 75% of book value:

Brookmount Explorations's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2009 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)
=	(0.022	+	0.75 * 0	+	0.5 * 0	-	0.785
-	0	-	0)	/	0.40799
=	-1.87

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.

Brookmount Explorations Accounts Receivable Related Terms

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Brookmount Explorations (Brookmount Explorations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Brookmount Explorations (OTCPK:BMXI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 East Liberty, Suite 600, Reno, NV, USA, 89501

Website

https://www.brookmountgold.com

Brookmount Explorations is a United States based operator of producing gold properties in the Republic of Indonesia. It operates two gold producing properties in volcanic hosted sediment within the tropical rain forest region of Sulawesi Province in north east Indonesia.

Executives

Vic Stilwell	director	16 DOUGLAS WOODS PARK S.E., CALGARY A0 T2Z 2K6
David Dadon	director, 10 percent owner, officer: Chairman & Secretary	717 JERVIS STREET SUITE 2402, VANCOUVER A1 V6E 4N5