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Sierra Madre Gold And Silver (TSXV:SM) Accounts Receivable : C$0.41 Mil (As of Dec. 2024)


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What is Sierra Madre Gold And Silver Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sierra Madre Gold And Silver's accounts receivables for the quarter that ended in Dec. 2024 was C$0.41 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sierra Madre Gold And Silver's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 6.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sierra Madre Gold And Silver's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.08.


Sierra Madre Gold And Silver Accounts Receivable Historical Data

The historical data trend for Sierra Madre Gold And Silver'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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Sierra Madre Gold And Silver Accounts Receivable Chart

Sierra Madre Gold And Silver Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
0.03 0.02 - - 0.41

Sierra Madre Gold And Silver 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 - - - 0.73 0.41

Sierra Madre Gold And Silver Accounts Receivable Calculation

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


Sierra Madre Gold And Silver 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.

Sierra Madre Gold And Silver's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.407/5.61*91
=6.62

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

Sierra Madre Gold And Silver'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)
=(0.644+0.75 * 0.407+0.5 * 1.418-14.159
-0-0)/153.943
=-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.


Sierra Madre Gold And Silver Accounts Receivable Related Terms

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Sierra Madre Gold And Silver Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6E 2Y3
Sierra Madre Gold And Silver Ltd is engaged in the business of mineral exploration and development in Canada and Mexico. The company's projects include the La Guitarra project, the Tepic project, and the La Tigra project.
Executives
Alexander Langer Director
Gregory K. Liller Senior Officer