GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Patagonia Gold Corp (FRA:PVR1) » Definitions » Accounts Receivable

Patagonia Gold (FRA:PVR1) Accounts Receivable : €1.80 Mil (As of Sep. 2022)


View and export this data going back to . Start your Free Trial

What is Patagonia Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Patagonia Gold's accounts receivables for the quarter that ended in Sep. 2022 was €1.80 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Patagonia Gold's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 66.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Patagonia Gold's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was €-1.64.


Patagonia Gold Accounts Receivable Historical Data

The historical data trend for Patagonia 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.

Patagonia Gold Accounts Receivable Chart

Patagonia Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.14 0.13 0.10

Patagonia Gold Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.05 0.10 0.09 0.01 1.80

Patagonia Gold Accounts Receivable Calculation

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


Patagonia 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.

Patagonia Gold's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.798/2.486*91
=66.00

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

Patagonia Gold's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(0.446+0.75 * 1.798+0.5 * 4.352-44.264
-0--1.645)/23.6348
=-1.64

* 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.


Patagonia Gold Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Patagonia Gold's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Patagonia Gold (FRA:PVR1) Business Description

Traded in Other Exchanges
N/A
Address
2200 - 885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina, Chile, and Uruguay. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria, and La Valenciana.

Patagonia Gold (FRA:PVR1) Headlines

No Headlines