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Volcan Compania MineraA (LIM:VOLCABC1) Accounts Receivable : S/.72 Mil (As of Dec. 2023)


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What is Volcan Compania MineraA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Volcan Compania MineraA's accounts receivables for the quarter that ended in Dec. 2023 was S/.72 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Volcan Compania MineraA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Volcan Compania MineraA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was S/.-1.38.


Volcan Compania MineraA Accounts Receivable Historical Data

The historical data trend for Volcan Compania MineraA'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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Volcan Compania MineraA Accounts Receivable Chart

Volcan Compania MineraA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 134.80 103.75 135.18 95.83 71.74

Volcan Compania MineraA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 95.83 39.34 36.58 59.98 71.74

Volcan Compania MineraA Accounts Receivable Calculation

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


Volcan Compania MineraA 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.

Volcan Compania MineraA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=71.744/815.789*91
=8.02

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

Volcan Compania MineraA'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)
=(150.378+0.75 * 71.744+0.5 * 180.078-5631.342
-0-0)/3858
=-1.38

* 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.


Volcan Compania MineraA Accounts Receivable Related Terms

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Volcan Compania MineraA (LIM:VOLCABC1) Business Description

Traded in Other Exchanges
Address
Avenida Manuel Olguin 373, Santiago de Surco, Lima, PER
Volcan Compania Minera SAA is a Peruvian mining company. All of its operations are located in the central mountains of the Peruvian Andes, which include operating units such as Yauli, Chungar, Alpamarca, and Cerro de Pasco. These four operating units include a total of 10 mines, seven concentrator plants, and an oxide leaching plant. Zinc constitutes the largest contribution to consolidated revenue, and with silver, makes up the vast majority of sales. In addition to the zinc and silver business, the company also mines lead, copper, and gold.

Volcan Compania MineraA (LIM:VOLCABC1) Headlines

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