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Winston Resources (Winston Resources) Accounts Receivable : $0.00 Mil (As of Apr. 2020)


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What is Winston Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Winston Resources's accounts receivables for the quarter that ended in Apr. 2020 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. Winston Resources's Net-Net Working Capital per share for the quarter that ended in Apr. 2020 was $-0.20.


Winston Resources Accounts Receivable Historical Data

The historical data trend for Winston 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.

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Winston Resources Accounts Receivable Chart

Winston Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
Accounts Receivable
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Winston Resources Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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Winston Resources Accounts Receivable Calculation

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


Winston 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.

Winston Resources's Days Sales Outstanding for the quarter that ended in Apr. 2020 is calculated as:

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

Winston Resources's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2020 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)
=(0.075+0.75 * 0+0.5 * 0-0.093
-0.478-0)/2.51338
=-0.20

* 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.


Winston Resources Accounts Receivable Related Terms

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Winston Resources (Winston Resources) Business Description

Traded in Other Exchanges
N/A
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Winston Resources Inc is engaged in the cannabis business sector.

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