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Nickel 28 Capital (FRA:3JC0) Accounts Receivable : €0.00 Mil (As of Oct. 2023)


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What is Nickel 28 Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nickel 28 Capital's accounts receivables for the quarter that ended in Oct. 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. Nickel 28 Capital's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was €-0.48.


Nickel 28 Capital Accounts Receivable Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Accounts Receivable Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Accounts Receivable
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Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Nickel 28 Capital Accounts Receivable Calculation

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


Nickel 28 Capital 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.

Nickel 28 Capital's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Nickel 28 Capital's accounts receivable are only considered to be worth 75% of book value:

Nickel 28 Capital's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(9.33+0.75 * 0+0.5 * 0-53.948
-0-0)/92.3772
=-0.48

* 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.


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Nickel 28 Capital (FRA:3JC0) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.

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