OceanaGold Philippines (PHS:OGP) Accounts Receivable : ₱246 Mil (As of Dec. 2024)

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What is OceanaGold Philippines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. OceanaGold Philippines's accounts receivables for the quarter that ended in Dec. 2024 was ₱246 Mil.

Accounts receivable can be measured by Days Sales Outstanding. OceanaGold Philippines's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 5.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. OceanaGold Philippines's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was ₱-1.22.

OceanaGold Philippines Accounts Receivable Historical Data

The historical data trend for OceanaGold Philippines'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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OceanaGold Philippines Accounts Receivable Chart

OceanaGold Philippines Annual Data

Trend

Dec22

Dec23

Dec24

Accounts Receivable

2,029.95

246.29

OceanaGold Philippines Quarterly Data
	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial			-	2,029.95	122.56	323.11	246.29

OceanaGold Philippines Accounts Receivable Calculation

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

OceanaGold Philippines 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.

OceanaGold Philippines's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	246.285	/	4451.573	*	91
=	5.05

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

OceanaGold Philippines's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(2828.575	+	0.75 * 246.285	+	0.5 * 3434.01	-	7520.64
-	0	-	0)	/	2280.000
=	-1.22

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.

OceanaGold Philippines Accounts Receivable Related Terms

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OceanaGold Philippines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » OceanaGold Philippines Inc (PHS:OGP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Didipio Mine, Barangay Didipio, Kasibu, NUV, PHL, 3703

Website

https://www.didipiomine.com.ph

OceanaGold Philippines Inc produces gold and copper in the Philippines and is a subsidiary of OceanaGold Corporation. The company operates the Didipio gold and copper mine located in the northern Luzon region of the Philippines, which is the Didipio Mine, approximately two hundred seventy km north-northeast of Metro Manila.

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