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Endomines Finland Oyj (FRA:H13) Accounts Receivable : €3.10 Mil (As of Dec. 2024)


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What is Endomines Finland Oyj Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Endomines Finland Oyj's accounts receivables for the quarter that ended in Dec. 2024 was €3.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Endomines Finland Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 36.27.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Endomines Finland Oyj's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-2.77.


Endomines Finland Oyj Accounts Receivable Historical Data

The historical data trend for Endomines Finland Oyj'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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Endomines Finland Oyj Accounts Receivable Chart

Endomines Finland Oyj Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
- - 1.30 1.70 3.10

Endomines Finland Oyj Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial 1.30 1.50 1.70 1.70 3.10

Endomines Finland Oyj Accounts Receivable Calculation

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


Endomines Finland Oyj 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.

Endomines Finland Oyj's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.1/15.6*91
=36.27

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

Endomines Finland Oyj's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.1+0.75 * 3.1+0.5 * 0.3-34.6
-0-0)/10.825
=-2.77

* 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.


Endomines Finland Oyj Accounts Receivable Related Terms

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Endomines Finland Oyj Business Description

Traded in Other Exchanges
Address
Ahventie 4 A, Espoo, FIN, 02170
Endomines Finland Oyj is a mining and exploration company with a primary focus on gold. It is engaged in mining operations at the Pampalo mine in Ilomantsi, and in exploration activities along the Karelian Gold Line in Eastern Finland. The company also owns the rights to seven gold deposits in the United States. The company's reportable operating segments are Pampalo production, Karelian gold line, and USA operations. The Pampalo production segment, which generates key revenue for the company, consists of the operations of the underground mine and open pit, the operations of the concentrator, and the sale of gold concentrate.

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