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Franco-Nevada (TSX:FNV) Accounts Receivable : C$216 Mil (As of Dec. 2024)


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What is Franco-Nevada Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Franco-Nevada's accounts receivables for the quarter that ended in Dec. 2024 was C$216 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Franco-Nevada's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 43.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Franco-Nevada's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$9.47.


Franco-Nevada Accounts Receivable Historical Data

The historical data trend for Franco-Nevada'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.

Franco-Nevada Accounts Receivable Chart

Franco-Nevada Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.64 153.34 184.35 148.92 216.27

Franco-Nevada Quarterly Data
Mar20 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 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 Premium Member Only 148.92 171.50 165.69 181.38 216.27

Franco-Nevada Accounts Receivable Calculation

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


Franco-Nevada 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.

Franco-Nevada's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=216.269/457.329*91
=43.15

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

Franco-Nevada'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)
=(2067.667+0.75 * 216.269+0.5 * 137.911-475.565
-0-0)/192.553
=9.47

* 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.


Franco-Nevada Accounts Receivable Related Terms

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Franco-Nevada Business Description

Traded in Other Exchanges
Address
199 Bay Street, Suite 2000, Commerce Court West, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, located in the U.S, Canada, and Australia.
Executives
Sandip Rana Senior Officer
Boris De Vries Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Nalinie Mahon Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Lena Miller Senior Officer
Bonavie Tek Senior Officer
David Harquail Director
Adrian Wong Senior Officer
John Blanchette Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Paul Brink Director, Senior Officer
Eaun Harrison Gray Senior Officer
Lloyd Hyunsoo Hong Senior Officer
Jason O'connell Senior Officer
Jennifer Maki Director
Jacques Perron Director
Thomas Albanese Director