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ERYTF (Eagle Royalties) Accounts Receivable : $0.00 Mil (As of Sep. 2024)


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What is Eagle Royalties Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eagle Royalties's accounts receivables for the quarter that ended in Sep. 2024 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. Eagle Royalties's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.04.


Eagle Royalties Accounts Receivable Historical Data

The historical data trend for Eagle Royalties'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.

Eagle Royalties Accounts Receivable Chart

Eagle Royalties Annual Data
Trend Dec21 Dec22 Dec23
Accounts Receivable
- - -

Eagle Royalties Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only 0.01 - 0.01 0.01 -

Eagle Royalties Accounts Receivable Calculation

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


Eagle Royalties 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.

Eagle Royalties's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.004/0*91
=

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

Eagle Royalties's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(2.611+0.75 * 0.004+0.5 * 0-0.224
-0-0)/57.060
=0.04

* 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.


Eagle Royalties Accounts Receivable Related Terms

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Eagle Royalties Business Description

Traded in Other Exchanges
Address
44 – 12th Avenue South, Suite 200, Cranbrook, BC, CAN, V1C 2R7
Eagle Royalties Ltd manages royalty assets. The firm holds royalty interests on over 40 mineral exploration projects in western Canada. These projects are being explored for commodities that include gold, silver, critical metals, uranium, rare-earth elements, diamonds, and industrial minerals.