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Lomiko Metals (TSXV:LMR) Accounts Receivable : C$0.00 Mil (As of Jan. 2025)


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What is Lomiko Metals Accounts Receivable?

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


Lomiko Metals Accounts Receivable Historical Data

The historical data trend for Lomiko 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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Lomiko Metals Accounts Receivable Chart

Lomiko Metals Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Accounts Receivable
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Lomiko Metals Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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Lomiko Metals Accounts Receivable Calculation

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


Lomiko 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.

Lomiko Metals's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

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

Lomiko Metals's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.996+0.75 * 0+0.5 * 0-0.468
-0-0)/48.769
=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.


Lomiko Metals Accounts Receivable Related Terms

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Lomiko Metals Business Description

Traded in Other Exchanges
Address
7184 120th Street, Suite 439, Surrey, BC, CAN, V3W 0M6
Lomiko Metals Inc is a company with the mission to manifest abundance of renewable energy with Canadian and Quebec critical minerals for a solution in North America. It is developing the La Loutre graphite deposit, located northwest of Montreal, and the Bourier lithium project, located in the James Bay region of Quebec in Canada's lithium triangle that has historically housed lithium deposits and mineralization trends. the company is also working on a graphite pipeline project. Lomiko Metals Graphics Portfolio which includes sub projects under it: Lac Boyd, Lac Dieppe, Lac Meloche, Lac Tremblant, Ruisseau, North Low.
Executives
Gordana Slepcev Senior Officer
Amrit Paul Singh Gill Director
Vincent A Osbourn Senior Officer
Belinda Elaine Labatte Director, Senior Officer
Gregory Edward Jensen Director
Jacqueline Michael Director
Gabriel Erdelyi Director
Ajs Management Corp. Director

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