WRLGF (West Red Lake Gold Mines) Accounts Receivable: $1.0 Mil (As of Jun. 2026)

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WRLGF West Red Lake Gold Mines Ltd WRLGF
26 GF Score
Price $0.60
! 4 Warning Signs
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What is West Red Lake Gold Mines Accounts Receivable?

West Red Lake Gold Mines WRLGF +1.57% 26 Accounts Receivable is $1.0 Mil as of Jun. 2026. GuruFocus rates WRLGF with a GF Score™ of 26/100. The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. West Red Lake Gold Mines's accounts receivables for the quarter that ended in Jun. 2026 was $1.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. West Red Lake Gold Mines's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 2.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. West Red Lake Gold Mines's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-0.23.

West Red Lake Gold Mines 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.

West Red Lake Gold Mines's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.978/35.053*91
=2.55

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

West Red Lake Gold Mines's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(22.242+0.75 * 0.978+0.5 * 7.957-120.271
-0-0)/413.948
=-0.23

* 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.

West Red Lake Gold Mines Accounts Receivable Related Terms

West Red Lake Gold Mines Accounts Receivable Historical Data

* Premium members only.

The historical data trend for West Red Lake Gold Mines'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.

West Red Lake Gold Mines Accounts Receivable Chart

West Red Lake Gold Mines Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 4.40

West Red Lake Gold Mines Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.29 0.64 4.40 3.09 0.98
WRLGF
26GF Score
West Red Lake Gold Mines Ltd WRLGF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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West Red Lake Gold Mines 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 $1.0 Mil mean?
West Red Lake Gold Mines (WRLGF) has a Accounts Receivable of $1.0 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on West Red Lake Gold Mines and its competitors.
Is West Red Lake Gold Mines' Accounts Receivable too high?
West Red Lake Gold Mines' current Accounts Receivable is $1.0 Mil. Overall, West Red Lake Gold Mines has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does West Red Lake Gold Mines' Accounts Receivable compare to NEM and AU?
West Red Lake Gold Mines' Accounts Receivable of $1.0 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 West Red Lake Gold Mines and its competitors. West Red Lake Gold Mines's current Accounts Receivable is $1.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Red Lake Gold Mines stock overvalued right now?
West Red Lake Gold Mines (WRLGF) has a current Accounts Receivable of $1.0 Mil. The current Accounts Receivable is $1.0 Mil. West Red Lake Gold Mines' overall GF Score™ is 26/100 with 4 warning signs 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 West Red Lake Gold Mines (WRLGF), the current Accounts Receivable is $1.0 Mil as of Jun. 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.

West Red Lake Gold Mines Business Description

Other Exchanges UJ0:GermanyWRLG:Canada
Address 595 Burrard Street, Suite 3123, Vancouver, BC, CAN, V7X 1J1
West Red Lake Gold Mines Ltd operates in one reportable segment, being the acquisition, exploration, and development of gold properties. All of the Company's assets are located in Canada. Its projects include Madsen Mine and the Rowan Project.
26GF 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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