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Conroy Gold and Natural Resources (Conroy Gold and Natural Resources) Accounts Receivable : $0.00 Mil (As of Nov. 2023)


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What is Conroy Gold and Natural Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Conroy Gold and Natural Resources's accounts receivables for the quarter that ended in Nov. 2023 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. Conroy Gold and Natural Resources's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was $-0.19.


Conroy Gold and Natural Resources Accounts Receivable Historical Data

The historical data trend for Conroy Gold and Natural Resources'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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Conroy Gold and Natural Resources Accounts Receivable Chart

Conroy Gold and Natural Resources Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Accounts Receivable
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Conroy Gold and Natural Resources Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Conroy Gold and Natural Resources Accounts Receivable Calculation

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


Conroy Gold and Natural Resources 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.

Conroy Gold and Natural Resources's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

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

Conroy Gold and Natural Resources's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2023 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)
=(0.284+0.75 * 0+0.5 * 0-4.277
-0-5.202)/47.8487
=-0.19

* 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.


Conroy Gold and Natural Resources Accounts Receivable Related Terms

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Conroy Gold and Natural Resources (Conroy Gold and Natural Resources) Business Description

Traded in Other Exchanges
Address
3300 Lake Drive, Citywest Business Campus, Dublin, IRL, D24 TD21
Conroy Gold and Natural Resources PLC is a mineral exploration company. It is focused on the exploration and development of gold and a hundred per cent owned licenses in Ireland, within the Longford-Down Massif deposit. The firm's main objective is to make substantial returns for shareholders through the discovery and development of economic gold deposits in the North of Ireland and in Northern Finland. Its projects include gold antimony results from Clontibret, new gold mineralization at Glenish and gold-in bedrock at Slieve Glah. The business operates in two segments being Irish exploration assets: gold exploration assets in Ireland; and Finnish exploration assets: gold exploration assets in Finland.

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