Live Energy Minerals (XCNQ:LIVE) Accounts Receivable : C$0.00 Mil (As of Jan. 2024)

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What is Live Energy Minerals Accounts Receivable?

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

Live Energy Minerals Accounts Receivable Historical Data

The historical data trend for Live Energy Minerals'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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Live Energy Minerals Accounts Receivable Chart

Live Energy Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Accounts Receivable

Live Energy Minerals Quarterly Data
	Apr21	Jul21	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial						-	-	-	-	-

Live Energy Minerals Accounts Receivable Calculation

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

Live Energy Minerals 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.

Live Energy Minerals's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

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

Live Energy Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=	(0.339	+	0.75 * 0	+	0.5 * 0	-	0.055
-	0	-	0)	/	18.2205
=	0.02

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.

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Live Energy Minerals (XCNQ:LIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Live Energy Minerals Corp (XCNQ:LIVE) » Definitions » Accounts Receivable

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GTREF:USA

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.liveenergyminerals.com

Live Energy Minerals Corp is an exploration of resource properties. It holds interests in the Skygold Project located in the Cariboo Placer Region in British Columbia and also has the McDermitt Lithium Property. The company has one business segment the exploration of resource properties, in two geographic locations Canada and the United States.