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Abcourt Mines (TSXV:ABI) Accounts Receivable : C$0.00 Mil (As of Mar. 2025)


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What is Abcourt Mines Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Abcourt Mines's accounts receivables for the quarter that ended in Mar. 2025 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. Abcourt Mines's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$-0.02.


Abcourt Mines Accounts Receivable Historical Data

The historical data trend for Abcourt Mines'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.

Abcourt Mines Accounts Receivable Chart

Abcourt Mines Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.66 - - -

Abcourt Mines Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - - - -

Abcourt Mines Accounts Receivable Calculation

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


Abcourt Mines 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.

Abcourt Mines's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

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

Abcourt Mines's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(0.938+0.75 * 0+0.5 * 1.109-19.941
-0-0)/869.402
=-0.02

* 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.


Abcourt Mines Accounts Receivable Related Terms

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Abcourt Mines Business Description

Traded in Other Exchanges
Address
475 de l’Eglise Avenue, Rouyn-Noranda, QC, CAN, J0Z 1Y1
Abcourt Mines Inc is engaged in the acquisition, exploration and evaluation, development, and operation of mining properties in Canada, predominantly gold. The company holds an interest in projects like the Sleeping Giant Mine, the Elder Mine and the Tagami property, Discovery, Flordin, Aldermac, Jonpol, and the Pershing-Manitou property among others.
Executives
Francois Joseph Pierre Marie Mestrallet 10% Security Holder, Director
Pascal Hamelin Director, Senior Officer
Christine Lefebvre Senior Officer
Normand Hinse Director
Loïc Bureau Director
DÉcochib 10% Security Holder
Renaud Hinse 10% Security Holder

Abcourt Mines Headlines

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