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Infinico Metals (TSXV:INFM) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)


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What is Infinico Metals Accounts Receivable?

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


Infinico Metals Accounts Receivable Historical Data

The historical data trend for Infinico 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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Infinico Metals Accounts Receivable Chart

Infinico Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- - - -

Infinico Metals Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Infinico Metals Accounts Receivable Calculation

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


Infinico 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.

Infinico 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), Infinico Metals's accounts receivable are only considered to be worth 75% of book value:

Infinico 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)
=(1.768+0.75 * 0+0.5 * 0-0.612
-0-0)/57.751
=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.


Infinico Metals Accounts Receivable Related Terms

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Infinico Metals (TSXV:INFM) Business Description

Traded in Other Exchanges
N/A
Address
1507 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Infinico Metals Corp, formerly Burin Gold Corp is is engaged in the identification, acquisition, and exploration of properties for mining of precious and base metals. It focuses on the Hickey's Pond Paradise Gold project.
Executives
Plethora Private Equity Management 10% Security Holder
Stichting Legal Owner Plethora Private Equity 10% Security Holder

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