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Corcel Exploration (XCNQ:CRCL) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Corcel Exploration Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Corcel Exploration's accounts receivables for the quarter that ended in Mar. 2024 was C$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. Corcel Exploration's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.01.


Corcel Exploration Accounts Receivable Historical Data

The historical data trend for Corcel 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.

* Premium members only.

Corcel Exploration Accounts Receivable Chart

Corcel Exploration Annual Data
Trend Jun21 Jun22 Jun23
Accounts Receivable
- - -

Corcel Exploration Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Corcel Exploration Accounts Receivable Calculation

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


Corcel 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.

Corcel Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Corcel Exploration's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.264+0.75 * 0+0.5 * 0-0.016
-0-0)/22.75
=0.01

* 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.


Corcel Exploration Accounts Receivable Related Terms

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Corcel Exploration (XCNQ:CRCL) Business Description

Traded in Other Exchanges
N/A
Address
335 - 1632 Dickson Avenue, Kelowna, BC, CAN, V1Y 7T2
Website
Corcel Exploration Inc is engaged in mineral exploration, focusing initially on the exploration and development of the Corporation's principal property in British Columbia, Canada.

Corcel Exploration (XCNQ:CRCL) Headlines

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