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Golden Patriot (Golden Patriot) Accounts Receivable : $0.00 Mil (As of Jan. 2008)


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What is Golden Patriot Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Golden Patriot's accounts receivables for the quarter that ended in Jan. 2008 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. Golden Patriot's Net-Net Working Capital per share for the quarter that ended in Jan. 2008 was $-0.01.


Golden Patriot Accounts Receivable Historical Data

The historical data trend for Golden Patriot'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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Golden Patriot Accounts Receivable Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
Accounts Receivable
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Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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Golden Patriot Accounts Receivable Calculation

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


Golden Patriot 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.

Golden Patriot's Days Sales Outstanding for the quarter that ended in Jan. 2008 is calculated as:

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

Golden Patriot's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2008 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)
=(0.012+0.75 * 0+0.5 * 0-1.209
-0-0)/110.213
=-0.01

* 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.


Golden Patriot Accounts Receivable Related Terms

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Golden Patriot (Golden Patriot) Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

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