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HWAUF (Headwater Gold) Accounts Receivable : $0.04 Mil (As of Aug. 2024)


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What is Headwater Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Headwater Gold's accounts receivables for the quarter that ended in Aug. 2024 was $0.04 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. Headwater Gold's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $0.02.


Headwater Gold Accounts Receivable Historical Data

The historical data trend for Headwater 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.

Headwater Gold Accounts Receivable Chart

Headwater Gold Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
- - 0.03 0.03 0.06

Headwater Gold Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.04 0.04 0.06 0.05 0.04

Headwater Gold Accounts Receivable Calculation

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


Headwater 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.

Headwater Gold's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.043/0*91
=

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

Headwater Gold's Net-Net Working Capital Per Share for the quarter that ended in Aug. 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)
=(5.074+0.75 * 0.043+0.5 * 0-3.534
-0-0)/63.7141
=0.02

* 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.


Headwater Gold Accounts Receivable Related Terms

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Headwater Gold Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Headwater Gold Inc is a mineral exploration company focused on exploring high-grade precious metal deposits in the Western USA. The company has projects in Nevada and Idaho - Oregon. It has one operating segment, the exploration of mineral properties. Geographically, it operates in The United States and Canada.