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Strategic Minerals Europe (NEOE:SNTA) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Strategic Minerals Europe Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strategic Minerals Europe's accounts receivables for the quarter that ended in Mar. 2024 was C$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. Strategic Minerals Europe's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.06.


Strategic Minerals Europe Accounts Receivable Historical Data

The historical data trend for Strategic Minerals Europe'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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Strategic Minerals Europe Accounts Receivable Chart

Strategic Minerals Europe Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
0.01 0.10 0.90 0.16 0.08

Strategic Minerals Europe Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.32 0.63 0.85 0.08 -

Strategic Minerals Europe Accounts Receivable Calculation

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


Strategic Minerals Europe 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.

Strategic Minerals Europe's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Strategic Minerals Europe's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.334+0.75 * 0+0.5 * 0.597-14.486
-0-0)/239.559
=-0.06

* 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.


Strategic Minerals Europe Accounts Receivable Related Terms

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Strategic Minerals Europe (NEOE:SNTA) Business Description

Traded in Other Exchanges
Address
Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006
Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain. It holds permits and licenses related to two Spanish mining projects called the Alberta II project and the Penouta project.
Executives
Serafino Iacono 10% Security Holder

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