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Saga Metals (STU:20H) Accounts Receivable : €0.04 Mil (As of Jul. 2024)


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What is Saga Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Saga Metals's accounts receivables for the quarter that ended in Jul. 2024 was €0.04 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. Saga Metals's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was €0.01.

Saga Metals Accounts Receivable Historical Data

The historical data trend for Saga Metals'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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Saga Metals Accounts Receivable Chart

Saga Metals Annual Data
Trend Jul23 Jul24
Accounts Receivable
- 0.04

Saga Metals Quarterly Data
Apr23 Jul23 Jan24 Apr24 Jul24
Accounts Receivable - - 0.02 0.01 0.04

Saga Metals Accounts Receivable Calculation

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

Saga Metals 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.

Saga Metals's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.04/0*91
=

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

Saga Metals's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(0.527+0.75 * 0.04+0.5 * 0-0.337
-0-0)/28.0399
=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.

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Saga Metals Business Description

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SAGA:Canada
Address
2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
Website
https://www.sagametals.com
Saga Metals Corp is a diversified critical mineral exploration company whose principal business is the acquisition and exploration of mineral assets that support the green energy transition. It has currently has interests in four mineral properties in Canada: Double Mer Property, a uranium exploration project, Legacy Lithium Property, a LCT spodumene pegmatite lithium exploration project, Radar Titanium-Vanadium Property, a titanium-vanadium layered mafic intrusion exploration project and North Wind Iron Project.

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