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Meridian Mining UK Societas (TSX:MNO) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Meridian Mining UK Societas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meridian Mining UK Societas'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. Meridian Mining UK Societas's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.03.


Meridian Mining UK Societas Accounts Receivable Historical Data

The historical data trend for Meridian Mining UK Societas'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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Meridian Mining UK Societas Accounts Receivable Chart

Meridian Mining UK Societas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Meridian Mining UK Societas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Meridian Mining UK Societas Accounts Receivable Calculation

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


Meridian Mining UK Societas 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.

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

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

Meridian Mining UK Societas'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)
=(10.986+0.75 * 0+0.5 * 0-2.909
-0-0)/304.775
=0.03

* 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.


Meridian Mining UK Societas Accounts Receivable Related Terms

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Meridian Mining UK Societas Business Description

Traded in Other Exchanges
Address
4 More London Riverside, 8th Floor, London, GBR, SE1 2AU
Meridian Mining UK Societas is engaged in the exploration and development of mineral deposits in Brazil through its subsidiaries, Jaburi and Rio Cabacal. The Company is currently focused on resource development of the Cabacal Project, the regional scale exploration of the Cabacal VMS belt and the exploration in the Jauru & Araputanga Greenstone belts, all located in the state of Mato Grosso. The Company operates in one operating segment, being the acquisition, exploration and development of exploration and mineral properties in Brazil.
Executives
William John Walker Skinner Director
Susanne Hedwig Sesselmann Director
Gilbert Clark Director, Senior Officer
Soraia Morais Senior Officer
Charles Louis Riopel Director

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