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SPCNF (SPC Nickel) Accounts Receivable : $0.00 Mil (As of Nov. 2024)


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What is SPC Nickel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SPC Nickel's accounts receivables for the quarter that ended in Nov. 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. SPC Nickel's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was $0.00.


SPC Nickel Accounts Receivable Historical Data

The historical data trend for SPC Nickel'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.

SPC Nickel Accounts Receivable Chart

SPC Nickel Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24
Accounts Receivable
0.02 0.29 0.04 0.15 -

SPC Nickel Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 Aug24 Nov24
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 0.15 0.16 0.01 - -

SPC Nickel Accounts Receivable Calculation

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


SPC Nickel 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.

SPC Nickel's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.004/0*91
=

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

SPC Nickel's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(1.076+0.75 * 0.004+0.5 * 0-0.227
-0-0)/192.304
=0.00

* 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.


SPC Nickel Accounts Receivable Related Terms

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SPC Nickel Business Description

Traded in Other Exchanges
Address
1351C Kelly Lake Road, Unit 9, Sudbury, ON, CAN, P3E 5P5
SPC Nickel Corp is engaged in the business of exploration of nickel, copper and platinum group metal mineral projects in Ontario. Its exploration properties consist of Aer Kidd Property, Lockerby East Property, Janes Property and Muskok Property.

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