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PNPNF (Power Metallic Mines) Accounts Receivable : $0.93 Mil (As of Sep. 2024)


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What is Power Metallic Mines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Power Metallic Mines's accounts receivables for the quarter that ended in Sep. 2024 was $0.93 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. Power Metallic Mines's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.04.


Power Metallic Mines Accounts Receivable Historical Data

The historical data trend for Power Metallic Mines'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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Power Metallic Mines Accounts Receivable Chart

Power Metallic Mines 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 - 0.15 0.08 0.20 0.90

Power Metallic Mines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.36 0.90 0.58 0.97 0.93

Power Metallic Mines Accounts Receivable Calculation

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


Power Metallic Mines 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.

Power Metallic Mines's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.931/0*91
=

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

Power Metallic Mines's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(9.034+0.75 * 0.931+0.5 * 0-2.912
-0-0)/191.455
=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.


Power Metallic Mines Accounts Receivable Related Terms

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Power Metallic Mines Business Description

Address
82 Richmond Street East, Suite 202, Toronto, ON, CAN, M5C 1P1
Power Metallic Mines Inc, formerly Power Nickel Inc, operates as a resource exploration company. It is engaged in the business of acquiring and exploring mineral properties in Chile and Canada. Its projects include Palo Negro and Hornitos properties, Tierra de Oro, and Copaquire among others. It operates in one industry segment, namely the exploration of mineral resources.