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Azucar Minerals (TSXV:AMZ) Accounts Receivable : C$0.01 Mil (As of Jun. 2024)


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What is Azucar Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Azucar Minerals's accounts receivables for the quarter that ended in Jun. 2024 was C$0.01 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. Azucar Minerals's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$0.02.


Azucar Minerals Accounts Receivable Historical Data

The historical data trend for Azucar Minerals'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.

Azucar Minerals Accounts Receivable Chart

Azucar Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.10 0.07 0.06 0.02 0.01

Azucar Minerals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.01 0.01 0.01 0.01 0.01

Azucar Minerals Accounts Receivable Calculation

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


Azucar Minerals 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.

Azucar Minerals's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.005/0*91
=

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

Azucar Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(1.468+0.75 * 0.005+0.5 * 0-0.026
-0-0)/73.829
=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.


Azucar Minerals Accounts Receivable Related Terms

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Azucar Minerals Business Description

Traded in Other Exchanges
Address
1333 Johnston Street, Suite 210, Vancouver, BC, CAN, V6H 3R9
Azucar Minerals Ltd is an exploration company. The company is focused on the exploration of its El Cobre gold-copper porphyry project in Veracruz, Mexico. The company operates in one reportable operating segment, the acquisition and exploration of mineral resource properties in Canada, the United States, and Mexico.
Executives
Lawrence Segerstrom Senior Officer

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