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Lida Resources (FRA:1CCA) Accounts Receivable : €0.00 Mil (As of May. 2023)


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What is Lida Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lida Resources's accounts receivables for the quarter that ended in May. 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. Lida Resources's Net-Net Working Capital per share for the quarter that ended in May. 2023 was €-0.32.


Lida Resources Accounts Receivable Historical Data

The historical data trend for Lida 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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Lida Resources Accounts Receivable Chart

Lida Resources Annual Data
Trend Aug19 Aug20 Aug21 Aug22
Accounts Receivable
- - - -

Lida Resources Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Lida Resources Accounts Receivable Calculation

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


Lida 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.

Lida Resources's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

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

Lida Resources's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(0.001+0.75 * 0+0.5 * 0-0.892
-0-0)/2.76916
=-0.32

* 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.


Lida Resources Accounts Receivable Related Terms

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Lida Resources (FRA:1CCA) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, 1500, Vancouver, BC, CAN, V6E 4N7
Lida Resources Inc is a Canadian mineral exploration and development company focused on advancing the San Vincent deposit located a short drive from Trujillo, Peru. The Company also owns the Fruta del Sur deposit, with the potential to be one of Peru's most prolific mines.

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