LKAI (LKA Gold) Accounts Receivable: $0.00 Mil (As of Sep. 2019)

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LKAI LKA Gold Inc LKAI
12 GF Score
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What is LKA Gold Accounts Receivable?

LKA Gold LKAI 12 Accounts Receivable is $0.00 Mil as of Sep. 2019. GuruFocus rates LKAI with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LKA Gold's accounts receivables for the quarter that ended in Sep. 2019 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. LKA Gold's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.03.

LKA 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.

LKA Gold's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

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

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

LKA Gold's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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+0.75 * 0+0.5 * 0-0.838
-0-0)/27.698
=-0.03

* 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.

LKA Gold Accounts Receivable Related Terms

LKA Gold Accounts Receivable Historical Data

* Premium members only.

The historical data trend for LKA 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.

LKA Gold Accounts Receivable Chart

LKA Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.00 0.00 0.00 0.00

LKA Gold Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 0.00 0.00
LKAI
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LKA Gold Inc LKAI
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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LKA Gold Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
LKA Gold (LKAI) has a Accounts Receivable of $0.00 Mil as of Sep. 2019. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on LKA Gold and its competitors.
Is LKA Gold's Accounts Receivable too high?
LKA Gold's current Accounts Receivable is $0.00 Mil. Overall, LKA Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LKA Gold's Accounts Receivable compare to IMII and GLNS?
LKA Gold's Accounts Receivable of $0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on LKA Gold and its competitors. LKA Gold's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LKA Gold stock overvalued right now?
LKA Gold (LKAI) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. LKA Gold's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For LKA Gold (LKAI), the current Accounts Receivable is $0.00 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LKA Gold Business Description

Address 3724 47th Street Ct. N.W., Gig Harbor, WA, USA, 98335
LKA Gold Inc is a gold mining and exploration company located in Gig Harbor, WA. The company's primary asset is a high-grade gold-producing property known as the Golden Wonder mine located in Colorado.
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