Collective Mining (TSX:CNL) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)

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What is Collective Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Collective Mining's accounts receivables for the quarter that ended in Dec. 2024 was C$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. Collective Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.61.

Collective Mining Accounts Receivable Historical Data

The historical data trend for Collective Mining'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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Collective Mining Accounts Receivable Chart

Collective Mining Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

Collective Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial														-	-	-	-	-

Collective Mining Accounts Receivable Calculation

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

Collective Mining 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.

Collective Mining's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

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

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

Collective Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(55.465	+	0.75 * 0	+	0.5 * 0	-	7.904
-	0	-	0)	/	77.602
=	0.61

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.

Collective Mining Accounts Receivable Related Terms

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Collective Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Collective Mining Ltd (TSX:CNL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CNL:USA GG1:Germany

Address

82 Richmond Street East, 4th Floor, Toronto, ON, CAN, M5C 1P1

Website

https://www.collectivemining.com

Collective Mining Ltd is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. The company currently has interest in two projects located in Colombia, namely, Guayabales and San Antonio. The company is responsible for discovering, permitting, and constructing the gold mine in Colombia. The company is rapidly advancing exploration on large-scale copper-gold-molybdenum porphyry targets in the mining-friendly department of Caldas in Colombia. Drilling is underway at the Guayabales project which is strategically located contiguous to the Marmato deposit, with initial assay results ongoing.

Executives

Paul Philemon Begin	Senior Officer
Ashwath Mehra	Director
Ari B Sussman	10% Security Holder, Director
Paul Murphy	Director
Kenneth Glyndwr Thomas	Director
Steven Gold	Senior Officer