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BCM Resources (TSXV:B) Accounts Receivable : C$0.01 Mil (As of May. 2024)


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What is BCM Resources Accounts Receivable?

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


BCM Resources Accounts Receivable Historical Data

The historical data trend for BCM 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.

BCM Resources Accounts Receivable Chart

BCM Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.01

BCM Resources Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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

BCM Resources Accounts Receivable Calculation

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


BCM 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.011/0*91
=

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

BCM Resources's Net-Net Working Capital Per Share for the quarter that ended in May. 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)
=(0.002+0.75 * 0.011+0.5 * 0-1.765
-0-0)/184.629
=-0.01

* 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.


BCM Resources Accounts Receivable Related Terms

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BCM Resources Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 3A6
BCM Resources Corp is principally engaged in the acquisition, exploration, development, and mining of mineral properties. The company holds interests in the Carter property in Canada and Thompson Knolls Property in the United States.
Executives
Richard Robert Redfern Director, Senior Officer