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Copper Lake Resources (FRA:W0I) Accounts Receivable : €0.00 Mil (As of Apr. 2024)


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What is Copper Lake Resources Accounts Receivable?

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


Copper Lake Resources Accounts Receivable Historical Data

The historical data trend for Copper Lake Resources'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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Copper Lake Resources Accounts Receivable Chart

Copper Lake Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Accounts Receivable
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Copper Lake Resources Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Copper Lake Resources Accounts Receivable Calculation

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


Copper Lake Resources 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.

Copper Lake Resources's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

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

Copper Lake Resources's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(0.004+0.75 * 0+0.5 * 0-0.74
-0-0)/270.504
=-0.00

* 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.


Copper Lake Resources Accounts Receivable Related Terms

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Copper Lake Resources Business Description

Traded in Other Exchanges
Address
1 King Street West, Suite 4800 - 233, Toronto, ON, CAN, M5H 1A1
Copper Lake Resources Ltd is an exploration company based in Canada. It is principally engaged in the business of exploration and development of mineral resource properties. It holds an interest in Norton Lake property, Marshall Lake property which is located in the north-northeast of Thunder Bay, Ontario. The company operates its business through a single segment of Mineral exploration in Canada.

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