GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Angkor Resources Corp (TSXV:ANK) » Definitions » Accounts Receivable

Angkor Resources (TSXV:ANK) Accounts Receivable : C$0.12 Mil (As of Jan. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Angkor Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Angkor Resources's accounts receivables for the quarter that ended in Jan. 2024 was C$0.12 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. Angkor Resources's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$-0.03.


Angkor Resources Accounts Receivable Historical Data

The historical data trend for Angkor Resources'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.

Angkor Resources Accounts Receivable Chart

Angkor Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.01 0.01 0.08 0.08

Angkor Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.05 0.10 0.08 0.10 0.12

Angkor Resources Accounts Receivable Calculation

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


Angkor Resources 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.

Angkor Resources's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.117/0*91
=

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

Angkor Resources's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.375+0.75 * 0.117+0.5 * 0-6.873
-0--0.006)/184.459
=-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.


Angkor Resources Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Angkor Resources's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Angkor Resources (TSXV:ANK) Business Description

Traded in Other Exchanges
Address
Box 153, Sexsmith, AB, CAN, T0H 3C0
Angkor Resources Corp is engaged in the exploration and development of its mineral property interests and oil and gas interests. The firm focuses on mineral property interest located in the Kingdom of Cambodia in the provinces of Ratanakiri and Oudar Meanchey and Banteay Meanchey as well as pursuing oil and gas and other opportunities in Canada, Cambodia, and the Philippines. The company has five licenses including Banlung, Oyadao, Oyadao South, Andong Meas and Koan Nheak. The Company operates in one operating segment, which is the acquisition, exploration, and development of exploration property interests.
Executives
Delayne Weeks Deemed Insider - 6 Months before becoming Insider

Angkor Resources (TSXV:ANK) Headlines

No Headlines