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Leocor Gold (FRA:LGO) Accounts Receivable : €0.00 Mil (As of Jul. 2024)


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What is Leocor Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Leocor Gold's accounts receivables for the quarter that ended in Jul. 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. Leocor Gold's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was €0.03.


Leocor Gold Accounts Receivable Historical Data

The historical data trend for Leocor Gold'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.

Leocor Gold Accounts Receivable Chart

Leocor Gold Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
Get a 7-Day Free Trial - - 0.10 0.23 0.02

Leocor Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.06 0.02 - 0.01 -

Leocor Gold Accounts Receivable Calculation

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


Leocor Gold 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.

Leocor Gold's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.004/0*91
=

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

Leocor Gold's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(3.38+0.75 * 0.004+0.5 * 0-0.152
-0-0)/97.8324
=0.03

* 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.


Leocor Gold Accounts Receivable Related Terms

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Leocor Gold Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Leocor Gold Inc is engaged in the acquisition and exploration of precious metal projects. The company holds interests in the Dorset Gold Project located in the Province of Newfoundland, Canada, south of the Pine Cove Gold Mine and Shotgun Project located in the northwest of the town of Pemberton, British Columbia. The Baie Verte portfolio includes the Dorset, Five Mile Brook, Dorset Extension, and Copper Creek projects.