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Northern Sun Mining (FRA:LM8A) Accounts Receivable : €0.06 Mil (As of Dec. 2015)


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What is Northern Sun Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Northern Sun Mining's accounts receivables for the quarter that ended in Dec. 2015 was €0.06 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Northern Sun Mining's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 10.83.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Northern Sun Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was €-30.66.


Northern Sun Mining Accounts Receivable Historical Data

The historical data trend for Northern Sun Mining'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.

Northern Sun Mining Accounts Receivable Chart

Northern Sun Mining Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.96 0.02 0.81 0.06

Northern Sun Mining Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.81 0.93 0.72 0.73 0.06

Northern Sun Mining Accounts Receivable Calculation

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


Northern Sun Mining 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.

Northern Sun Mining's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.064/0.539*91
=10.83

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

Northern Sun Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 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)
=(0.602+0.75 * 0.064+0.5 * 0-127.296
-0-0)/4.130
=-30.66

* 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.


Northern Sun Mining Accounts Receivable Related Terms

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Northern Sun Mining (FRA:LM8A) Business Description

Traded in Other Exchanges
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Address
Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

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