WGELF (Western Gold Exploration) Accounts Receivable: $0.00 Mil (As of Mar. 2026)

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WGELF Western Gold Exploration Ltd WGELF
33 GF Score
Price $0.10
! 1 Warning Sign
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What is Western Gold Exploration Accounts Receivable?

Western Gold Exploration WGELF 33 Accounts Receivable is $0.00 Mil as of Mar. 2026. GuruFocus rates WGELF with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Western Gold Exploration's accounts receivables for the quarter that ended in Mar. 2026 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. Western Gold Exploration's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $0.04.


Western Gold Exploration 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.

Western Gold Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

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

Western Gold Exploration's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(1.64+0.75 * 0+0.5 * 0-0.023
-0-0)/42.482
=0.04

* 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.


Western Gold Exploration Accounts Receivable Related Terms


Western Gold Exploration Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Western Gold Exploration'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.

Western Gold Exploration Accounts Receivable Chart

Western Gold Exploration Annual Data
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Western Gold Exploration Quarterly Data
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WGELF
33GF Score
Western Gold Exploration Ltd WGELF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Gold Exploration 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?
Western Gold Exploration (WGELF) has a Accounts Receivable of $0.00 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Western Gold Exploration and its competitors.
Is Western Gold Exploration's Accounts Receivable too high?
Western Gold Exploration's current Accounts Receivable is $0.00 Mil. Overall, Western Gold Exploration has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Western Gold Exploration's Accounts Receivable compare to NEM and AU?
Western Gold Exploration's Accounts Receivable of $0.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Accounts Receivable depends on the Metals & Mining 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 Western Gold Exploration and its competitors. Western Gold Exploration'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 Western Gold Exploration stock overvalued right now?
Western Gold Exploration (WGELF) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. Western Gold Exploration's overall GF Score™ is 33/100 with 1 warning sign to review. 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 Western Gold Exploration (WGELF), the current Accounts Receivable is $0.00 Mil as of Mar. 2026. 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.

Western Gold Exploration Business Description

Other Exchanges WGLD:Canada
Address 421 - 7th Avenue SW, Suite 1600, Calgary, AB, CAN, T2P 4K9
Western Gold Exploration Ltd is a mineral exploration company. The company is engaged in the exploration and development of its prospective mineral properties located in Argyll County in western Scotland. The company focuses on Gold and copper exploration and development. The properties include the Caledonian Gold Project and Lorne Porphyry Project.
33GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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