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Elcora Advanced Materials (TSXV:ERA) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Elcora Advanced Materials Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Elcora Advanced Materials's accounts receivables for the quarter that ended in Dec. 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. Elcora Advanced Materials's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.23.


Elcora Advanced Materials Accounts Receivable Historical Data

The historical data trend for Elcora Advanced Materials'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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Elcora Advanced Materials Accounts Receivable Chart

Elcora Advanced Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
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Elcora Advanced Materials Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Elcora Advanced Materials Accounts Receivable Calculation

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


Elcora Advanced Materials 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.

Elcora Advanced Materials's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

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

Elcora Advanced Materials'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)
=(0.209+0.75 * 0+0.5 * 0.014-4.055
-0-0)/17.038
=-0.23

* 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.


Elcora Advanced Materials Accounts Receivable Related Terms

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Elcora Advanced Materials Business Description

Traded in Other Exchanges
Address
111 Ahmadi Crescent, Bedford, Nova Scotia, NS, CAN, B4E 4E5
Elcora Advanced Materials Corp is a vertically integrated graphite and graphene company. The company mines, processes, and refines graphite and produces both graphene and end graphene applications. The company's operating segment includes the explorations and development of mineral properties. The company operates in Canada and Morocco.
Executives
Denis Choquette Director

Elcora Advanced Materials Headlines

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