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Inflection Resources (XCNQ:AUCU) Accounts Receivable : C$0.06 Mil (As of Jun. 2024)


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What is Inflection Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Inflection Resources's accounts receivables for the quarter that ended in Jun. 2024 was C$0.06 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. Inflection Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$0.02.


Inflection Resources Accounts Receivable Historical Data

The historical data trend for Inflection 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.

* Premium members only.

Inflection Resources Accounts Receivable Chart

Inflection Resources Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
- - - 0.02 0.14

Inflection Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.03 0.14 0.19 0.21 0.06

Inflection Resources Accounts Receivable Calculation

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


Inflection 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.

Inflection Resources's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.061/0*91
=

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

Inflection Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(2.657+0.75 * 0.061+0.5 * 0-0.982
-0-0)/96.1297
=0.02

* 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.


Inflection Resources Accounts Receivable Related Terms

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Inflection Resources Business Description

Traded in Other Exchanges
Address
1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Inflection Resources Ltd is a technology-driven gold and gold-copper-focused mineral exploration company with projects in Eastern Australia. The company has a portfolio of drill-ready projects in New South Wales and Queensland. Its project includes the Northern New South Wales Project and the Carron Gold Project. Its geographic segment includes Canada and Australia. It generates the majority of its revenue from Canada.
Executives
Sandra Wong Director or Senior Officer of 10% Security Holder
Alistair Waddell Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Tero Tapani Kosonen Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Garry Alfred Stock Director or Senior Officer of 10% Security Holder

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