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International Minerals (FRA:MIW) Accounts Receivable : €0.00 Mil (As of Sep. 2013)


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What is International Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Minerals's accounts receivables for the quarter that ended in Sep. 2013 was €0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Minerals's Days Sales Outstanding for the quarter that ended in Sep. 2013 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Minerals's Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was €0.27.


International Minerals Accounts Receivable Historical Data

The historical data trend for International Minerals'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.

International Minerals Accounts Receivable Chart

International Minerals Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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International Minerals Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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International Minerals Accounts Receivable Calculation

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


International Minerals 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.

International Minerals's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/2.025*91
=0.00

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

International Minerals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 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)
=(39.148+0.75 * 0+0.5 * 0-7.346
-0-0)/117.586
=0.27

* 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.


International Minerals Accounts Receivable Related Terms

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International Minerals (FRA:MIW) Business Description

Traded in Other Exchanges
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Address
International Minerals Corporation is a Canadian mineral resource company engaged, indirectly through its subsidiaries and investee companies, in the exploration, development and exploitation of gold and silver deposits in the northern Andes of South America (Peru and Ecuador) and in the state of Nevada, U.S.A. The Company has identified proven and probable reserves at its Pallancata, Inmaculada, Rio Blanco and Goldfield properties and is currently developing or may proceed to develop these reserves.

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