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Colossus Minerals (Colossus Minerals) Accounts Receivable : $0.11 Mil (As of Dec. 2013)


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What is Colossus Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Colossus Minerals's accounts receivables for the quarter that ended in Dec. 2013 was $0.11 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. Colossus Minerals's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $-132.64.


Colossus Minerals Accounts Receivable Historical Data

The historical data trend for Colossus Minerals'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.

Colossus Minerals Accounts Receivable Chart

Colossus Minerals Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial 0.26 - 0.03 0.06 0.11

Colossus Minerals Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 0.06 1.58 1.54 0.70 0.11

Colossus Minerals Accounts Receivable Calculation

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


Colossus Minerals 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.

Colossus Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.114/0*91
=

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

Colossus Minerals's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 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)
=(0.582+0.75 * 0.114+0.5 * 0-124.501
-0--7.413)/0.87774
=-132.64

* 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.


Colossus Minerals Accounts Receivable Related Terms

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Colossus Minerals (Colossus Minerals) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

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