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MetalQuest Mining (MetalQuest Mining) Accounts Receivable : $0.00 Mil (As of Apr. 2024)


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What is MetalQuest Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MetalQuest Mining's accounts receivables for the quarter that ended in Apr. 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. MetalQuest Mining's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was $0.01.


MetalQuest Mining Accounts Receivable Historical Data

The historical data trend for MetalQuest 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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MetalQuest Mining Accounts Receivable Chart

MetalQuest Mining Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
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MetalQuest Mining Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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MetalQuest Mining Accounts Receivable Calculation

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


MetalQuest 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.

MetalQuest Mining's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

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

MetalQuest Mining's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(0.355+0.75 * 0+0.5 * 0-0.095
-0-0)/26.9148
=0.01

* 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.


MetalQuest Mining Accounts Receivable Related Terms

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MetalQuest Mining (MetalQuest Mining) Business Description

Traded in Other Exchanges
Address
101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include Murray Brook Project and Lac Otelnuk Iron Ore Project.

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