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Ameriwest Lithium (XCNQ:AWLI) Accounts Receivable : C$0.02 Mil (As of Jul. 2024)


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What is Ameriwest Lithium Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ameriwest Lithium's accounts receivables for the quarter that ended in Jul. 2024 was C$0.02 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. Ameriwest Lithium's Net-Net Working Capital per share for the quarter that ended in Jul. 2024 was C$-0.07.


Ameriwest Lithium Accounts Receivable Historical Data

The historical data trend for Ameriwest Lithium'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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Ameriwest Lithium Accounts Receivable Chart

Ameriwest Lithium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Accounts Receivable
Get a 7-Day Free Trial - 0.01 0.02 0.01 0.02

Ameriwest Lithium Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.01 0.01 0.01 0.02 0.02

Ameriwest Lithium Accounts Receivable Calculation

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


Ameriwest Lithium 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.

Ameriwest Lithium's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.024/0*91
=

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

Ameriwest Lithium's Net-Net Working Capital Per Share for the quarter that ended in Jul. 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)
=(0.564+0.75 * 0.024+0.5 * 0-1.549
-0-0)/13.7409
=-0.07

* 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.


Ameriwest Lithium Accounts Receivable Related Terms

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Ameriwest Lithium Business Description

Traded in Other Exchanges
Address
1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2
Ameriwest Lithium Inc is a junior mining company focusing on identifying and evaluating mineral resource projects for further exploration and resource development. The Company is focused on exploring its Thompson Valley Property, AZ, a lithium clay property. The company portfolio includes Deer Musk East Property, Railroad Valley Property, Edwards Creek Valley Property, and Thompson Valley Property. The company operates in one reportable operating segment, the acquisition, exploration, and development of mineral properties. The company operates in Canada and the United States.
Executives
Zygmunt Stanislaw Hancyk Director
Glenn Edward Collick Director, Senior Officer
Saman Eskandari Director
James Gheyle Director
David George Watkinson Director, Senior Officer

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