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Desert Mountain Energy (TSXV:DME) Accounts Receivable : C$0.19 Mil (As of Dec. 2024)


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What is Desert Mountain Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Desert Mountain Energy's accounts receivables for the quarter that ended in Dec. 2024 was C$0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Desert Mountain Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 131.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Desert Mountain Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.03.


Desert Mountain Energy Accounts Receivable Historical Data

The historical data trend for Desert Mountain Energy'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.

Desert Mountain Energy Accounts Receivable Chart

Desert Mountain Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.41 0.84 0.30

Desert Mountain Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.49 0.69 0.51 0.30 0.19

Desert Mountain Energy Accounts Receivable Calculation

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


Desert Mountain Energy 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.

Desert Mountain Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.192/0.133*91
=131.73

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

Desert Mountain Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.546+0.75 * 0.192+0.5 * 0-3.291
-0-0)/90.258
=-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.


Desert Mountain Energy Accounts Receivable Related Terms

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Desert Mountain Energy Business Description

Traded in Other Exchanges
Address
14155 West Mountain View Boulevard, Suite 1023, Surprise, AZ, USA, 85374
Desert Mountain Energy Corp is a forward-looking resource company actively engaged in the exploration, development and production of Helium and Rare Earth Gas properties in the U.S. Southwest. Its West Pecos Slope Abo Gas field boasts 188 wells and more than 50 miles of surface collection lines across approximately 120 square miles of continuous mineral claims. In addition, the group owns its mineral leases in Arizona.
Executives
Valorie Farley Senior Officer
Michael James Oshea Director
Weldon Stout Director
Don Mosher Director
Scott Davis Senior Officer
Soren Christiansen Director
Edward A. Schiller Director
Irwin Alois Olian Director, Senior Officer

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