GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Finder Resources Ltd (TSXV:GLD) » Definitions » Accounts Receivable

Gold Finder Resources (TSXV:GLD) Accounts Receivable : C$0.02 Mil (As of Mar. 2025)


View and export this data going back to 1990. Start your Free Trial

What is Gold Finder Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gold Finder Resources's accounts receivables for the quarter that ended in Mar. 2025 was C$0.02 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. Gold Finder Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$0.01.


Gold Finder Resources Accounts Receivable Historical Data

The historical data trend for Gold Finder Resources'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.

Gold Finder Resources Accounts Receivable Chart

Gold Finder Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.21 0.01 0.01 0.01

Gold Finder Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.01 0.01 0.04 0.02 0.02

Gold Finder Resources Accounts Receivable Calculation

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


Gold Finder Resources 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.

Gold Finder Resources's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.015/0*91
=

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

Gold Finder Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.406+0.75 * 0.015+0.5 * 0-0.063
-0-0)/62.575
=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.


Gold Finder Resources Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Gold Finder Resources's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold Finder Resources Business Description

Traded in Other Exchanges
Address
179 - 2945 Jacklin Road, Suite 416, Victoria, BC, CAN, V9B 6J9
Gold Finder Resources Ltd is a Canadian-based mineral exploration company focused on discovery-stage gold properties. Its goal is to acquire a property through staking or option, add value by defining or redefining the exploration opportunity, maintain ownership control during the value creation phase of discovery, and then source a well-financed partner capable of accelerating discovery, resource definition, and development. The group's projects are West Madsen, Slate Falls, Pipestone Bay, Pakwash North, and McDonough.
Executives
Brayden Robert Sutton Director
Joseph Jerome Smulders Director
Michael Romanik Director
James Peter Wilfred Darcel Director
Colleen-sue Davis Senior Officer
Glen Wallace Senior Officer
Brian C. Doutaz Director

Gold Finder Resources Headlines

From GuruFocus

Top 5 4th Quarter Trades of Kessler Investment Group, LLC

By GuruFocus Research GuruFocus Editor 02-01-2023

Top 5 3rd Quarter Trades of MILESTONE WEALTH, LLC

By GuruFocus Research GuruFocus Editor 11-17-2022

Gold Could Hit $6,000 On Minor Asset Shifts

By Moz Farooque 05-13-2025

Top 5 4th Quarter Trades of Titan Capital Management, LLC /TX

By GuruFocus Research GuruFocus Editor 01-11-2023