CMLGF (Canickel Mining) Accounts Receivable: $0.00 Mil (As of Mar. 2025)

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CMLGF Canickel Mining Ltd CMLGF
12 GF Score
Price $0.02
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What is Canickel Mining Accounts Receivable?

Canickel Mining CMLGF -100.00% 12 Accounts Receivable is $0.00 Mil as of Mar. 2025. GuruFocus rates CMLGF with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canickel Mining's accounts receivables for the quarter that ended in Mar. 2025 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. Canickel Mining's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-2.45.

Canickel 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.

Canickel Mining's Days Sales Outstanding for the quarter that ended in Mar. 2025 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), Canickel Mining's accounts receivable are only considered to be worth 75% of book value:

Canickel Mining's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(0.51+0.75 * 0+0.5 * 0-92.378
-0-0)/37.520
=-2.45

* 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.

Canickel Mining Accounts Receivable Related Terms

Canickel Mining Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Canickel 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.

Canickel Mining Accounts Receivable Chart

Canickel Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.00 0.00 0.00 0.00

Canickel Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.00 0.00 0.00 0.00 0.00
CMLGF
12GF Score
Canickel Mining Ltd CMLGF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Canickel Mining 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 $0.00 Mil mean?
Canickel Mining (CMLGF) has a Accounts Receivable of $0.00 Mil as of Mar. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Canickel Mining and its competitors.
Is Canickel Mining's Accounts Receivable too high?
Canickel Mining's current Accounts Receivable is $0.00 Mil. Overall, Canickel Mining has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Canickel Mining's Accounts Receivable compare to NRHI and WOLV?
Canickel Mining's Accounts Receivable of $0.00 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 Canickel Mining and its competitors. Canickel Mining's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canickel Mining stock overvalued right now?
Canickel Mining (CMLGF) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Canickel Mining's overall GF Score™ is 12/100. 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 Canickel Mining (CMLGF), the current Accounts Receivable is $0.00 Mil as of Mar. 2025. 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.

Canickel Mining Business Description

Address 320 Granville Street, Suite 720, Vancouver, BC, CAN, V6B 0G5
Canickel Mining Ltd is a Canadian resource company focused on the care and maintenance of its owned Bucko Lake Mine and nickel sulphide project located near Wabowden, Manitoba. The company has single reportable segment and is focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore.
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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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