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McFarlane Lake Mining (McFarlane Lake Mining) Accounts Receivable : $0.00 Mil (As of Feb. 2024)


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What is McFarlane Lake Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. McFarlane Lake Mining's accounts receivables for the quarter that ended in Feb. 2024 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. McFarlane Lake Mining's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-0.00.


McFarlane Lake Mining Accounts Receivable Historical Data

The historical data trend for McFarlane Lake 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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McFarlane Lake Mining Accounts Receivable Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Accounts Receivable
- -

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

McFarlane Lake Mining Accounts Receivable Calculation

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


McFarlane Lake 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.

McFarlane Lake Mining's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

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

McFarlane Lake Mining's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 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)
=(1.023+0.75 * 0+0.5 * 0-1.124
-0-0)/198.619
=-0.00

* 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.


McFarlane Lake Mining Accounts Receivable Related Terms

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McFarlane Lake Mining (McFarlane Lake Mining) Business Description

Traded in Other Exchanges
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.