Gryphon Digital Mining (Gryphon Digital Mining) Accounts Receivable : $0.15 Mil (As of Dec. 2023)

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What is Gryphon Digital Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gryphon Digital Mining's accounts receivables for the quarter that ended in Dec. 2023 was $0.15 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gryphon Digital Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 3.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gryphon Digital Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $N/A.

Gryphon Digital Mining Accounts Receivable Historical Data

The historical data trend for Gryphon Digital Mining'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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Gryphon Digital Mining Accounts Receivable Chart

Gryphon Digital Mining Annual Data

Trend

Dec21

Dec22

Dec23

Accounts Receivable

0.12

0.43

0.15

Gryphon Digital Mining Semi-Annual Data
	Dec21	Dec22	Dec23
Accounts Receivable	0.12	0.43	0.15

Gryphon Digital Mining Accounts Receivable Calculation

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

Gryphon Digital Mining 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.

Gryphon Digital Mining's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.148	/	6.836	*	91
=	3.95

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

Gryphon Digital Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(0.768	+	0.75 * 0.148	+	0.5 * 0	-	10.369
-	5.322	-	0)	/	0
=	N/A

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.

Gryphon Digital Mining Accounts Receivable Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gryphon Digital Mining Inc (OTCPK:KERNW) » Definitions » Accounts Receivable

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Traded in Other Exchanges

GRYP:USA

Address

5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110

Website

https://gryphondigitalmining.com

Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).