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Eskay Mining (TSXV:ESK) Accounts Receivable : C$0.00 Mil (As of Nov. 2024)


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What is Eskay Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Eskay Mining's accounts receivables for the quarter that ended in Nov. 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. Eskay Mining's Net-Net Working Capital per share for the quarter that ended in Nov. 2024 was C$0.01.


Eskay Mining Accounts Receivable Historical Data

The historical data trend for Eskay Mining'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.

Eskay Mining Accounts Receivable Chart

Eskay Mining Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.84 - -

Eskay Mining Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 - - - - -

Eskay Mining Accounts Receivable Calculation

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


Eskay Mining 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.

Eskay Mining's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

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

Eskay Mining's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(2.176+0.75 * 0+0.5 * 0-0.624
-0-0)/183.817
=0.01

* 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.


Eskay Mining Accounts Receivable Related Terms

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Eskay Mining Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Eskay Mining Corp is engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. The company holds an interest in St. Andrew Goldfield (SIB) - Eskay Project and Corey Mineral Claims. Its operations comprise a single reporting operating segment engaged in Mineral Exploration in Canada.
Executives
Hugh Mclellan Balkam Director
John Gordon Mcmehen Director
Michael Robert Myhill Director
William Roy Johnstone Senior Officer

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