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Chatham Rock Phosphate (TSXV:NZP) Accounts Receivable : C$0.02 Mil (As of Dec. 2024)


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What is Chatham Rock Phosphate Accounts Receivable?

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


Chatham Rock Phosphate Accounts Receivable Historical Data

The historical data trend for Chatham Rock Phosphate'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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Chatham Rock Phosphate Accounts Receivable Chart

Chatham Rock Phosphate Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.02 0.23 0.16

Chatham Rock Phosphate Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.16 0.04 0.02 0.02

Chatham Rock Phosphate Accounts Receivable Calculation

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


Chatham Rock Phosphate 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.

Chatham Rock Phosphate's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.021/0*91
=

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

Chatham Rock Phosphate'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)
=(0.051+0.75 * 0.021+0.5 * 0-0.264
-0-0)/107.885
=-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.


Chatham Rock Phosphate Accounts Receivable Related Terms

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Chatham Rock Phosphate Business Description

Traded in Other Exchanges
Address
93 The Terrace, Level 1, Wellington, NZL, 6011
Chatham Rock Phosphate Ltd operates as a mineral exploration company. It is engaged in the development and exploration of the Chatham Rise rock phosphate deposit offshore in New Zealand. Further, it holds a mining permit over an area off the coast of New Zealand with seabed deposits of rock phosphate and other potentially valuable minerals.
Executives
Georg Hochwimmer 10% Security Holder

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