VMRI (Valmie Resources) Accounts Receivable: $0.00 Mil (As of Feb. 2017)

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What is Valmie Resources Accounts Receivable?

Valmie Resources VMRI -99.00% Accounts Receivable is $0.00 Mil as of Feb. 2017.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Valmie Resources's accounts receivables for the quarter that ended in Feb. 2017 was $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. Valmie Resources's Net-Net Working Capital per share for the quarter that ended in Feb. 2017 was $-0.00.

Valmie 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.

Valmie Resources's Days Sales Outstanding for the quarter that ended in Feb. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

Valmie Resources's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2017 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)
=(0.037+0.75 * 0+0.5 * 0.041-0.229
-0.002-0)/69.038
=-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.

Valmie Resources Accounts Receivable Related Terms

Valmie Resources Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Valmie 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.

Valmie Resources Accounts Receivable Chart

Valmie Resources Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Valmie Resources Quarterly Data
May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17
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 0.00 0.05 0.10 0.00 0.00

Valmie Resources Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.00 Mil mean?
Valmie Resources (VMRI) has a Accounts Receivable of $0.00 Mil as of Feb. 2017. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Valmie Resources and its competitors.
Is Valmie Resources' Accounts Receivable too high?
Valmie Resources' current Accounts Receivable is $0.00 Mil.
How does Valmie Resources' Accounts Receivable compare to CRTG and SFIV?
Valmie Resources' Accounts Receivable of $0.00 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Hardware company?
A good Accounts Receivable depends on the Hardware industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Valmie Resources and its competitors. Valmie Resources's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valmie Resources stock overvalued right now?
Valmie Resources (VMRI) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Valmie Resources (VMRI), the current Accounts Receivable is $0.00 Mil as of Feb. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Valmie Resources Business Description

Address 1001 S Dairy Ashford Road, Suite 100, Houston, TX, USA, 77077
Valmie Resources Inc is engaged in the commercialization of products and services in the technology industry. The company focuses on unmanned aerial vehicle software, hardware and cloud services for commercial applications.