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Coniagas Battery Metals (TSXV:COS) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)


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What is Coniagas Battery Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Coniagas Battery Metals's accounts receivables for the quarter that ended in Dec. 2023 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. Coniagas Battery Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-0.02.


Coniagas Battery Metals Accounts Receivable Historical Data

The historical data trend for Coniagas Battery Metals'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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Coniagas Battery Metals Accounts Receivable Chart

Coniagas Battery Metals Annual Data
Trend Dec22 Dec23
Accounts Receivable
- -

Coniagas Battery Metals Semi-Annual Data
Dec22 Dec23
Accounts Receivable - -

Coniagas Battery Metals Accounts Receivable Calculation

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


Coniagas Battery Metals 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.

Coniagas Battery Metals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

Coniagas Battery Metals's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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+0.75 * 0+0.5 * 0-0.518
-0-0)/30.25
=-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.


Coniagas Battery Metals Accounts Receivable Related Terms

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Coniagas Battery Metals Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Coniagas Battery Metals Inc is a exploration stage company which operates through a subsidiary Canada silver cobalt works where it holds the GRAAL project which consists of certain mineral claims in Quebec.

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