McLaren Minerals (FRA:U770) Accounts Receivable : €0.07 Mil (As of Dec. 2024)

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What is McLaren Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. McLaren Minerals's accounts receivables for the quarter that ended in Dec. 2024 was €0.07 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. McLaren Minerals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-0.00.

McLaren Minerals Accounts Receivable Historical Data

The historical data trend for McLaren 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.

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McLaren Minerals Accounts Receivable Chart

McLaren Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Accounts Receivable

0.01

0.02

0.01

McLaren Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			0.03	0.01	0.03	-	0.07

McLaren Minerals Accounts Receivable Calculation

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

McLaren 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.

McLaren Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.068	/	0	*	91
=

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

McLaren Minerals'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)
=	(0.011	+	0.75 * 0.068	+	0.5 * 0	-	0.307
-	0	-	0)	/	104.065
=	-0.00

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.

McLaren Minerals Accounts Receivable Related Terms

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McLaren Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Minerals Ltd (FRA:U770) » Definitions » Accounts Receivable

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Traded in Other Exchanges

MML:Australia

Address

Unit A8, 435 Roberts Road, Subiaco, WA, AUS, 6008

Website

https://www.allupsilica.com

McLaren Minerals Ltd, formerly Allup Silica Ltd is a silica exploration company focused on the future development of its silica sand tenements located across several exploration project locations in Western Australia. The projects of the company include Sparkler, Pink Bark, Esperance Sands, and Cabbage Spot.

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