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East Star Resources (STU:5MM) Accounts Receivable : €0.12 Mil (As of Jun. 2024)


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What is East Star Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. East Star Resources's accounts receivables for the quarter that ended in Jun. 2024 was €0.12 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. East Star Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was €0.00.


East Star Resources Accounts Receivable Historical Data

The historical data trend for East Star 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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East Star Resources Accounts Receivable Chart

East Star Resources Annual Data
Trend Nov21 Dec22 Dec23
Accounts Receivable
- - -

East Star Resources Semi-Annual Data
May21 Nov21 May22 Dec22 Jun23 Dec23 Jun24
Accounts Receivable Get a 7-Day Free Trial 0.39 - 0.21 - 0.12

East Star Resources Accounts Receivable Calculation

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


East Star 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.

East Star Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.123/0*91
=

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

East Star Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.486+0.75 * 0.123+0.5 * 0-0.082
-0-0)/219.517
=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.


East Star Resources Accounts Receivable Related Terms

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East Star Resources Business Description

Traded in Other Exchanges
Address
25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF
East Star Resources PLC is exploring gold, copper, and rare earths in Kazakhstan. The principal activity of the Company is of identifying potential companies, businesses or asset/(s) that have operations in the natural resources exploration, development, and production sector.

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