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Primary Hydrogen (TSXV:HDRO) Accounts Receivable : C$0.00 Mil (As of Feb. 2025)


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What is Primary Hydrogen Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Primary Hydrogen's accounts receivables for the quarter that ended in Feb. 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. Primary Hydrogen's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was C$0.08.


Primary Hydrogen Accounts Receivable Historical Data

The historical data trend for Primary Hydrogen'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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Primary Hydrogen Accounts Receivable Chart

Primary Hydrogen Annual Data
Trend Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Receivable
- - - - -

Primary Hydrogen Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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Primary Hydrogen Accounts Receivable Calculation

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


Primary Hydrogen 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.

Primary Hydrogen's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

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

Primary Hydrogen's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(2.781+0.75 * 0+0.5 * 0-0.139
-0-0)/33.702
=0.08

* 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.


Primary Hydrogen Accounts Receivable Related Terms

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Primary Hydrogen Business Description

Traded in Other Exchanges
Address
540-5th Avenue SW, Suite 1410, Calgary, AB, CAN, T2P 0M2
Primary Hydrogen Corp. is engaged in the acquisition, exploration, and development of natural hydrogen properties. The group has an extensive portfolio of properties covering over 210 square kilometres across Canada including the Blakelock and Hopkins projects in Ontario, the Mary's Harbour project in Labrador, the Point Rosie project in Newfoundland, and the Crooked Amphibolite, Coquihalla, and Cogburn projects in BC. The Company also holds the Arthur Lake copper project in British Columbia.
Executives
Vicente Benjamin Asuncion Director, Senior Officer