GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sennen Potash Corp (TSXV:SN.H) » Definitions » Accounts Receivable

Sennen Potash (TSXV:SN.H) Accounts Receivable : C$0.00 Mil (As of Oct. 2024)


View and export this data going back to 1985. Start your Free Trial

What is Sennen Potash Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sennen Potash's accounts receivables for the quarter that ended in Oct. 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. Sennen Potash's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was C$-0.20.


Sennen Potash Accounts Receivable Historical Data

The historical data trend for Sennen Potash'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.

Sennen Potash Accounts Receivable Chart

Sennen Potash Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sennen Potash Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 - - - - -

Sennen Potash Accounts Receivable Calculation

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


Sennen Potash 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.

Sennen Potash's Days Sales Outstanding for the quarter that ended in Oct. 2024 is calculated as:

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

Sennen Potash's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(0.01+0.75 * 0+0.5 * 0-2.064
-0-0)/10.248
=-0.20

* 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.


Sennen Potash Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Sennen Potash's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Sennen Potash Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Sennen Potash Corp is an exploration stage company based in Canada. It is engaged in the business of seeking and evaluating assets and businesses with a view of potentially acquiring them through a purchase transaction. It operates through one reportable segment Seeking and Evaluating Assets and Businesses to Acquire.

Sennen Potash Headlines

No Headlines