GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Superior Resources Inc (TSXV:SUP) » Definitions » Accounts Receivable

Northern Superior Resources (TSXV:SUP) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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

What is Northern Superior Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Northern Superior Resources's accounts receivables for the quarter that ended in Mar. 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. Northern Superior Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.01.


Northern Superior Resources Accounts Receivable Historical Data

The historical data trend for Northern Superior 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.

* Premium members only.

Northern Superior Resources Accounts Receivable Chart

Northern Superior Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Northern Superior Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Northern Superior Resources Accounts Receivable Calculation

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


Northern Superior 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.

Northern Superior Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Northern Superior Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(1.741+0.75 * 0+0.5 * 0-0.847
-0-0)/153.764
=0.01

* 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.


Northern Superior Resources Accounts Receivable Related Terms

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


Northern Superior Resources (TSXV:SUP) Business Description

Traded in Other Exchanges
Address
1351C Kelly Lake Road, Unit 7, Sudbury, ON, CAN, P3E 5P5
Northern Superior Resources Inc is an exploration-stage junior mining company. It is engaged in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Quebec. It currently operates in a single segment, being the mining business in Canada and all its resource properties and equipment are situated in Canada. Its properties include TI-PA-HAA-KAA-NING (TPK) Gold/Silver/Copper Property, Croteau Est Gold Property, Lac Surprise Gold Property and many more.
Executives
François Perron Director