BORMF (Borealis Mining Co) Accounts Receivable: $1.92 Mil (As of Apr. 2026)

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BORMF Borealis Mining Co Ltd BORMF
13 GF Score
Price $0.79
! 3 Warning Signs
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What is Borealis Mining Co Accounts Receivable?

Borealis Mining Co BORMF -1.00% 13 Accounts Receivable is $1.92 Mil as of Apr. 2026. GuruFocus rates BORMF with a GF Score™ of 13/100. The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Borealis Mining Co's accounts receivables for the quarter that ended in Apr. 2026 was $1.92 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Borealis Mining Co's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 28.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Borealis Mining Co's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was $0.06.

Borealis Mining Co 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.

Borealis Mining Co's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.918/6.056*91
=28.90

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

Borealis Mining Co's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 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)
=(18.866+0.75 * 1.918+0.5 * 7.394-15.113
-0-0)/147.381
=0.06

* 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.

Borealis Mining Co Accounts Receivable Related Terms

Borealis Mining Co Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Borealis Mining Co'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.

Borealis Mining Co Accounts Receivable Chart

Borealis Mining Co Annual Data
Trend Jul23 Jul24 Jul25
Accounts Receivable
0.00 0.13 0.38

Borealis Mining Co Quarterly Data
Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.38 0.39 0.49 1.92
BORMF
13GF Score
Borealis Mining Co Ltd BORMF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Borealis Mining Co Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $1.92 Mil mean?
Borealis Mining Co (BORMF) has a Accounts Receivable of $1.92 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Borealis Mining Co and its competitors.
Is Borealis Mining Co's Accounts Receivable too high?
Borealis Mining Co's current Accounts Receivable is $1.92 Mil. Overall, Borealis Mining Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Mining Co's Accounts Receivable compare to ?
Borealis Mining Co's Accounts Receivable of $1.92 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Borealis Mining Co and its competitors. Borealis Mining Co's current Accounts Receivable is $1.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Mining Co stock overvalued right now?
Borealis Mining Co (BORMF) has a current Accounts Receivable of $1.92 Mil. The current Accounts Receivable is $1.92 Mil. Borealis Mining Co's overall GF Score™ is 13/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Borealis Mining Co (BORMF), the current Accounts Receivable is $1.92 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Borealis Mining Co Business Description

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Other Exchanges L4B0:GermanyBOGO:Canada
Address 410 West Georgia Street, 5th Floor, Vancouver, BC, CAN, V6B 1Z3
Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada. The Gold Bull Resources includes two projects: Sandman project Sandman Resources Inc and Big Balds project by GRU Resources Corp.
13GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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