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Great Plains Metals (TSXV:GPS) Accounts Receivable : C$0.02 Mil (As of Dec. 2024)


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What is Great Plains Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Great Plains Metals's accounts receivables for the quarter that ended in Dec. 2024 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. Great Plains Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.00.


Great Plains Metals Accounts Receivable Historical Data

The historical data trend for Great Plains 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.

* Premium members only.

Great Plains Metals Accounts Receivable Chart

Great Plains Metals Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Accounts Receivable
- 0.02 0.02 -

Great Plains Metals Quarterly Data
May20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - 0.02 0.02

Great Plains Metals Accounts Receivable Calculation

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


Great Plains 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.

Great Plains Metals's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0*91
=

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

Great Plains Metals's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.082+0.75 * 0.016+0.5 * 0-0.028
-0-0)/34.400
=0.00

* 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.


Great Plains Metals Accounts Receivable Related Terms

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Great Plains Metals Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 2050, P.O. Box 11121, Vancouver, BC, CAN, V6E 3P3
Great Plains Metals Corp formerly, Norrland Gold Corp is a precious metals exploration company that is focused on gold discovery in mineral-rich Sweden. It owns the Vittantrasket located in the Gold-line, a region of orogenic gold deposits such as Barsele and Svartliden. The Company's exploration and evaluation assets are in Sweden and the Company has interests in an Australian company.
Executives
Anders West 10% Security Holder, Director, Senior Officer

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