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Cariboo Rose Resources (FRA:6CR) Accounts Receivable : €0.09 Mil (As of Nov. 2023)


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What is Cariboo Rose Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cariboo Rose Resources's accounts receivables for the quarter that ended in Nov. 2023 was €0.09 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. Cariboo Rose Resources's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was €0.00.


Cariboo Rose Resources Accounts Receivable Historical Data

The historical data trend for Cariboo Rose 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.

* Premium members only.

Cariboo Rose Resources Accounts Receivable Chart

Cariboo Rose Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.08 -

Cariboo Rose Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.08 - - - 0.09

Cariboo Rose Resources Accounts Receivable Calculation

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


Cariboo Rose 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.

Cariboo Rose Resources's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.087/0*91
=

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

Cariboo Rose Resources's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.115+0.75 * 0.087+0.5 * 0-0.09
-0-0)/47.4619
=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.


Cariboo Rose Resources Accounts Receivable Related Terms

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Cariboo Rose Resources (FRA:6CR) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 110, Vancouver, BC, CAN, V6C 1Z7
Cariboo Rose Resources Ltd is a Canadian resource company. The principal business activities of the company are the acquisition and exploration of gold, copper and other precious and base metal properties in Canada. Its projects portfolio includes Lightning Strike; Carruthers Pass; CHG; PAT; Cowtrail; Koster Dam and Coquigold.

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