GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Infinito Gold Ltd (OTCPK:IGFFF) » Definitions » Accounts Receivable

Infinito Gold (Infinito Gold) Accounts Receivable : $0.09 Mil (As of Dec. 2014)


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

What is Infinito Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Infinito Gold's accounts receivables for the quarter that ended in Dec. 2014 was $0.09 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. Infinito Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was $-1.12.


Infinito Gold Accounts Receivable Historical Data

The historical data trend for Infinito 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.

Infinito Gold Accounts Receivable Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.05 0.01 - -

Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 - - - 0.14 0.09

Infinito Gold Accounts Receivable Calculation

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


Infinito 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.

Infinito Gold's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.087/0*91
=

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

Infinito Gold's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=(0.147+0.75 * 0.087+0.5 * 0-139.192
-0-0)/124.168
=-1.12

* 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.


Infinito Gold Accounts Receivable Related Terms

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


Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

Infinito Gold (Infinito Gold) Headlines

No Headlines