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GreenRoc Strategic Materials (FRA:3WF) Accounts Receivable : €0.00 Mil (As of Nov. 2024)


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What is GreenRoc Strategic Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GreenRoc Strategic Materials's accounts receivables for the quarter that ended in Nov. 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. GreenRoc Strategic Materials's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was €-0.00.


GreenRoc Strategic Materials Accounts Receivable Historical Data

The historical data trend for GreenRoc Strategic Materials'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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GreenRoc Strategic Materials Accounts Receivable Chart

GreenRoc Strategic Materials Annual Data
Trend Nov21 Nov22 Nov23 Nov24
Accounts Receivable
- - - -

GreenRoc Strategic Materials Semi-Annual Data
Nov21 May22 Nov22 May23 Nov23 May24 Nov24
Accounts Receivable Get a 7-Day Free Trial - 0.01 - 0.03 -

GreenRoc Strategic Materials Accounts Receivable Calculation

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


GreenRoc Strategic Materials 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.

GreenRoc Strategic Materials's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-0.028*91
=

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

GreenRoc Strategic Materials's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.113+0.75 * 0+0.5 * 0-1.363
-0-0)/251.422
=-0.00

* 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.


GreenRoc Strategic Materials Accounts Receivable Related Terms

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GreenRoc Strategic Materials Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
GreenRoc Strategic Materials PLC operates as a mining company. Its activity includes activity is the exploration of and development of critical minerals. The projects of the company include the Thule Black Sands Ilmenite Project, and the Amitsoq Graphite Project located in Greenland.

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