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Unigold (TSXV:UGD) Accounts Receivable : C$0.00 Mil (As of Sep. 2024)


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What is Unigold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Unigold's accounts receivables for the quarter that ended in Sep. 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. Unigold's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$0.00.


Unigold Accounts Receivable Historical Data

The historical data trend for Unigold'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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Unigold Accounts Receivable Chart

Unigold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Unigold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Unigold Accounts Receivable Calculation

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


Unigold 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.

Unigold's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

Unigold's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.647+0.75 * 0+0.5 * 0-0.288
-0-0)/274.256
=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.


Unigold Accounts Receivable Related Terms

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Unigold Business Description

Traded in Other Exchanges
Address
One First Canadian Place, Suite 3400, P.O. Box 130, Toronto, ON, CAN, M5X 1A4
Unigold Inc is a Canada-based natural resource company. Principally, it is focused on exploring and developing its gold projects in the Dominican Republic. The company owns majority of the exploration rights for gold, silver, zinc, copper, and all associated minerals on the Neita Property in the northwestern Dominican Republic. The Neita concession is located in the northwest of the city of Santo Domingo. It has one business segment, mineral exploration. Geographically, it has two segments namely Canada and the Dominican Republic.
Executives
Normand Tremblay Director
Helga Fairhurst Senior Officer
Joseph Andrew Hamilton Director, Senior Officer
Ruben Padilla Director
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder
Jean-marc Lacoste Director
William Murray John Director or Senior Officer of 10% Security Holder
Sean Roosen Director or Senior Officer of 10% Security Holder
Corporation Aurifère Monarques 10% Security Holder

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