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Ramp Metals (TSXV:RAMP) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Ramp Metals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ramp Metals's accounts receivables for the quarter that ended in Dec. 2024 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. Ramp Metals's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.09.


Ramp Metals Accounts Receivable Historical Data

The historical data trend for Ramp 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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Ramp Metals Accounts Receivable Chart

Ramp Metals Annual Data
Trend Jun23 Jun24
Accounts Receivable
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Ramp Metals Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Accounts Receivable Get a 7-Day Free Trial - - - - -

Ramp Metals Accounts Receivable Calculation

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


Ramp 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.

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

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

Ramp 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)
=(4.797+0.75 * 0+0.5 * 0-1.184
-0-0)/41.372
=0.09

* 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.


Ramp Metals Accounts Receivable Related Terms

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Ramp Metals Business Description

Traded in Other Exchanges
Address
3148 Highland Boulevard, North Vancouver, BC, CAN, V7R 2X6
Ramp Metals Inc is engaged in exploring and developing its resource properties. The company's exploration assets include Rottenstone SW and the Peter Lake Domain property in Saskatchewan, Canada. Geographically, the company has a presence in Canada and the United States of America.
Executives
Michael Romanik Director
Pritpal Singh 10% Security Holder, Director
Jordan Black Director, Senior Officer
David Christopher Parker Director
Brett Andrew Williams 10% Security Holder