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Irwin Resources (Irwin Resources) Accounts Receivable : $0.00 Mil (As of . 20)


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What is Irwin Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Irwin Resources's accounts receivables for the quarter that ended in . 20 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. Irwin Resources's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.


Irwin Resources Accounts Receivable Historical Data

The historical data trend for Irwin 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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Irwin Resources Accounts Receivable Chart

Irwin Resources Annual Data
Trend
Accounts Receivable

Irwin Resources Semi-Annual Data
Accounts Receivable

Irwin Resources Accounts Receivable Calculation

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


Irwin 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.

Irwin Resources's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

Irwin Resources's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/0
=N/A

* 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.


Irwin Resources Accounts Receivable Related Terms

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Irwin Resources (Irwin Resources) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
850 West Hastings Street, Suite 310, Vancouver, BC, CAN, V6C 1E1
Website
Irwin Resources Inc is a venture capital company. It is doing business in the exploration of gold and silver mining as well as investments in oil and gas producing properties.

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