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Cantex Mine Development (TSXV:CD) Accounts Receivable : C$0.00 Mil (As of Jan. 2025)


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What is Cantex Mine Development Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cantex Mine Development's accounts receivables for the quarter that ended in Jan. 2025 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. Cantex Mine Development's Net-Net Working Capital per share for the quarter that ended in Jan. 2025 was C$-0.00.


Cantex Mine Development Accounts Receivable Historical Data

The historical data trend for Cantex Mine Development'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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Cantex Mine Development Accounts Receivable Chart

Cantex Mine Development Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.32 0.28 - -

Cantex Mine Development Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - - - -

Cantex Mine Development Accounts Receivable Calculation

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


Cantex Mine Development 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.

Cantex Mine Development's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

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

Cantex Mine Development's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2025 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)
=(0.902+0.75 * 0+0.5 * 0-1.186
-0-0)/131.126
=-0.00

* 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.


Cantex Mine Development Accounts Receivable Related Terms

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Cantex Mine Development Business Description

Traded in Other Exchanges
Address
203-1634 Harvey Avenue, Kelowna, BC, CAN, V1Y 6G2
Cantex Mine Development Corp is a Canada-based exploration-stage company. The principal activities of the company include the acquisition and exploration of mineral properties for commercial mineral deposits. The company holds an interest in several properties in Yemen including Al Hariqah. Its exploration and mineral properties in Nevada. The company holds an interest in a few claim blocks located in Yukon. The company operates through a single segment Mineral Exploration. Geographically it operates in Canada, Yemen, and the United States of America, and the majority of its revenue is generated from Canada.
Executives
Charles Edgar Fipke Director, Senior Officer
Vernon Frolick Director
Chad Stanley Ulansky Director, Senior Officer
Dundee Corporation 10% Security Holder
Robert Douglas Cudney 10% Security Holder
Jennifer Lee Irons Senior Officer
Keiven Bauer Senior Officer