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International Silver (International Silver) Accounts Receivable : $0.15 Mil (As of Jun. 2014)


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What is International Silver Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Silver's accounts receivables for the quarter that ended in Jun. 2014 was $0.15 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Silver's Days Sales Outstanding for the quarter that ended in Jun. 2014 was 67.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Silver's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was $-0.14.


International Silver Accounts Receivable Historical Data

The historical data trend for International Silver'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.

International Silver Accounts Receivable Chart

International Silver Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial - - - 0.06 0.04

International Silver Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.01 0.04 0.12 0.15

International Silver Accounts Receivable Calculation

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


International Silver 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.

International Silver's Days Sales Outstanding for the quarter that ended in Jun. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.154/0.207*91
=67.89

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

International Silver's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.07+0.75 * 0.154+0.5 * 0-5.521
-0-0)/37.9411
=-0.14

* 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.


International Silver Accounts Receivable Related Terms

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International Silver (International Silver) Business Description

Traded in Other Exchanges
N/A
Address
5210 E. Williams Circle, Suite 700, Tucson, AZ, USA, 85711
International Silver Inc is an exploration stage company that engages in exploration activities. The company is planning to acquire, stake claims or lease exploration properties and conduct exploration activities in North America. Its business strategy is to acquire and explore silver properties throughout North and South America. Its properties include Prince mine property. Castleton tailings project, New Butte mining properties, Magna Charta property. The company generates revenues from a mineral lease agreement and engineering related consulting services.

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