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AC/DC Battery Metals (TSXV:ACDC) Accounts Receivable : C$0.00 Mil (As of Apr. 2024)


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What is AC/DC Battery Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AC/DC Battery Metals's accounts receivables for the quarter that ended in Apr. 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. AC/DC Battery Metals's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was C$N/A.

AC/DC Battery Metals Accounts Receivable Historical Data

The historical data trend for AC/DC Battery Metals'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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AC/DC Battery Metals Accounts Receivable Chart

AC/DC Battery Metals Annual Data
Trend Jul24
Accounts Receivable
0.06

AC/DC Battery Metals Semi-Annual Data
Apr24
Accounts Receivable -

AC/DC Battery Metals Accounts Receivable Calculation

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

AC/DC Battery Metals 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.

AC/DC Battery Metals's Days Sales Outstanding for the quarter that ended in Apr. 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), AC/DC Battery Metals's accounts receivable are only considered to be worth 75% of book value:

AC/DC Battery Metals's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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+0.75 * 0+0.5 * 0-0.05
-0-0)/0
=N/A

* 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.

AC/DC Battery Metals Accounts Receivable Related Terms

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AC/DC Battery Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AC/DC Battery Metals Inc (TSXV:ACDC) » Definitions » Accounts Receivable
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Traded in Other Exchanges
N/A
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Website
https://gridbatterymetals.com
AC/DC Battery Metals Inc is a company focused on nickel and lithium, it is also focused on exploration for high value battery metals required for the electric vehicle market. Among its portfolio, our Lithium projects hold significant importance as Lithium is a critical element in the manufacturing of electric vehicle batteries and energy storage systems. Its project is very well situated in central British Columbia with access via high-speed logging roads, secondary forestry roads, rails lines, and hydroelectric power that crisscrosses this region of British Columbia.