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Medaro Mining (XCNQ:MEDA) Accounts Receivable : C$0.00 Mil (As of Jun. 2024)


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What is Medaro Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Medaro Mining's accounts receivables for the quarter that ended in Jun. 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. Medaro Mining's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$-0.03.


Medaro Mining Accounts Receivable Historical Data

The historical data trend for Medaro Mining'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.

Medaro Mining Accounts Receivable Chart

Medaro Mining Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Accounts Receivable
- 0.12 - 0.40

Medaro Mining Quarterly Data
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 0.71 0.40 - - -

Medaro Mining Accounts Receivable Calculation

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


Medaro Mining 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.

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

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

Medaro Mining'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)
=(0.858+0.75 * 0+0.5 * 0-1.333
-0--0.197)/10.3265
=-0.03

* 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.


Medaro Mining Accounts Receivable Related Terms

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Medaro Mining Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Suite 220, Vancouver, BC, CAN, V6A 4C1
Medaro Mining Corp is in the business of acquiring, exploring, and evaluating mineral resource properties in Canada. The company's projects include Lac la motte; Rapide lithium; Darlin lithium; CYR south lithium; Superb lake lithium, and Yurchison uranium.
Executives
Faizaan Lalani Director, Senior Officer
Hugh Maddin Director

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