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Hercules Silver (TSXV:BIG) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Hercules Silver Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hercules Silver's accounts receivables for the quarter that ended in Mar. 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. Hercules Silver's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.10.


Hercules Silver Accounts Receivable Historical Data

The historical data trend for Hercules Silver'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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Hercules Silver Accounts Receivable Chart

Hercules Silver Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - - -

Hercules Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Hercules Silver Accounts Receivable Calculation

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


Hercules Silver 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.

Hercules Silver's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Hercules Silver's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(24.287+0.75 * 0+0.5 * 0-0.892
-0-0)/239.278
=0.10

* 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.


Hercules Silver Accounts Receivable Related Terms

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Hercules Silver (TSXV:BIG) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5
Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.
Executives
Kelly James Malcolm Director