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Pershimex Resources (TSXV:PRO) Accounts Receivable : C$0.00 Mil (As of Nov. 2022)


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What is Pershimex Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pershimex Resources's accounts receivables for the quarter that ended in Nov. 2022 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. Pershimex Resources's Net-Net Working Capital per share for the quarter that ended in Nov. 2022 was C$-0.00.


Pershimex Resources Accounts Receivable Historical Data

The historical data trend for Pershimex Resources'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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Pershimex Resources Accounts Receivable Chart

Pershimex Resources Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Accounts Receivable
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Pershimex Resources Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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Pershimex Resources Accounts Receivable Calculation

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


Pershimex Resources 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.

Pershimex Resources's Days Sales Outstanding for the quarter that ended in Nov. 2022 is calculated as:

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

Pershimex Resources's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2022 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)
=(-0.009+0.75 * 0+0.5 * 0-0.444
-0-0)/138.821
=-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.


Pershimex Resources Accounts Receivable Related Terms

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Pershimex Resources (TSXV:PRO) Business Description

Traded in Other Exchanges
N/A
Address
147 avenue Perrault, Val d'Or, QC, CAN, J9P 2G9
Pershimex Resources Corp is a Canadian exploration company. It is engaged in the acquisition, assessment, exploration, and development of mineral properties. The projects of the company Malartic project, Belleterre property, Forsan property, Courville property and others. The company operates through a single segment which is the exploration and evaluation of mineral resources.
Executives
Robert Gagnon Director, Senior Officer
Roger Bureau 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder