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VULMF (Vulcan Minerals) Accounts Receivable : $0.03 Mil (As of Sep. 2024)


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What is Vulcan Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Vulcan Minerals's accounts receivables for the quarter that ended in Sep. 2024 was $0.03 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. Vulcan Minerals's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.00.


Vulcan Minerals Accounts Receivable Historical Data

The historical data trend for Vulcan Minerals'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.

Vulcan Minerals Accounts Receivable Chart

Vulcan Minerals 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 0.01 0.07 0.10 0.11 0.04

Vulcan Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.08 0.04 0.04 0.03 0.03

Vulcan Minerals Accounts Receivable Calculation

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


Vulcan Minerals 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.025/0*91
=

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

Vulcan Minerals'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)
=(4.39+0.75 * 0.025+0.5 * 0-3.788
-0-0)/129.309
=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.


Vulcan Minerals Accounts Receivable Related Terms

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Vulcan Minerals Business Description

Traded in Other Exchanges
Address
333 Duckworth Street, St John\'s, St. John\'s, NL, CAN, A1C 1G9
Vulcan Minerals Inc is a Canada-based mineral exploration company. It is engaged in the evaluation, acquisition, and exploration of minerals in Newfoundland and Labrador. Some of the projects in which the company holds an interest are the Springdale copper gold Project, Red Cross Lake Project, the Central Newfoundland gold project and Atlas Salt.