GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nihao Mineral Resources International Inc (PHS:NI) » Definitions » Accounts Receivable

Nihao Mineral Resources International (PHS:NI) Accounts Receivable : ₱0.00 Mil (As of Jun. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Nihao Mineral Resources International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nihao Mineral Resources International's accounts receivables for the quarter that ended in Jun. 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. Nihao Mineral Resources International's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was ₱0.04.


Nihao Mineral Resources International Accounts Receivable Historical Data

The historical data trend for Nihao Mineral Resources International'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.

* Premium members only.

Nihao Mineral Resources International Accounts Receivable Chart

Nihao Mineral Resources International 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 - - - - -

Nihao Mineral Resources International Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Nihao Mineral Resources International Accounts Receivable Calculation

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


Nihao Mineral Resources International 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.

Nihao Mineral Resources International's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

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

Nihao Mineral Resources International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(78.651+0.75 * 0+0.5 * 0-9.464
-0-25.609)/1010
=0.04

* 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.


Nihao Mineral Resources International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Nihao Mineral Resources International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Nihao Mineral Resources International Business Description

Traded in Other Exchanges
N/A
Address
1505 Princeton Street Corner, Shaw Boulevard, Barangay Wack-Wack, Greenhills East, Mandaluyong, PHL, 1552
Nihao Mineral Resources International Inc is a mining company. It is engaged in exploring, developing, acquiring, and operating nickel properties as well as investing in operating mining companies. It aims to create an integrated mining company with expertise in nickel exploration, access to processing technology, and the potential of its projects.