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Silvernds Resources (Silvernds Resources) Accounts Receivable : $0.00 Mil (As of Jan. 2024)


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What is Silvernds Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Silvernds Resources's accounts receivables for the quarter that ended in Jan. 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. Silvernds Resources's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.01.


Silvernds Resources Accounts Receivable Historical Data

The historical data trend for Silvernds Resources'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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Silvernds Resources Accounts Receivable Chart

Silvernds Resources Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
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Silvernds Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Silvernds Resources Accounts Receivable Calculation

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


Silvernds Resources 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.

Silvernds Resources's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Silvernds Resources's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.089+0.75 * 0+0.5 * 0-0.186
-0-0)/8.03767
=-0.01

* 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.


Silvernds Resources Accounts Receivable Related Terms

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Silvernds Resources (Silvernds Resources) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 830, Vancouver, BC, CAN, V6E 4A6
Silver Sands Resources Corp is a mining company. The Company's business activities include the acquisition and exploration of mineral property assets. The Virginia silver project is located in the southern region of Argentina known as Patagonia, in the mining-friendly and resource-rich province of Santa Cruz. The company's other projects include The Detour project is located in the Detour Greenstone Belt; and its Maple Bay property.

Silvernds Resources (Silvernds Resources) Headlines