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Cameo Resources (XCNQ:MEO) Accounts Receivable : C$0.00 Mil (As of Feb. 2025)


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What is Cameo Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cameo Resources's accounts receivables for the quarter that ended in Feb. 2025 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. Cameo Resources's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was C$-0.02.


Cameo Resources Accounts Receivable Historical Data

The historical data trend for Cameo 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.

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Cameo Resources Accounts Receivable Chart

Cameo Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug21 Aug22 Aug23 Aug24
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Cameo Resources Quarterly Data
Aug17 May18 Aug18 May19 Aug19 May20 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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Cameo Resources Accounts Receivable Calculation

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


Cameo 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.

Cameo Resources's Days Sales Outstanding for the quarter that ended in Feb. 2025 is calculated as:

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

Cameo Resources's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 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)
=(0.037+0.75 * 0+0.5 * 0-0.501
-0-0)/29.040
=-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.


Cameo Resources Accounts Receivable Related Terms

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Cameo Resources Business Description

Traded in Other Exchanges
N/A
Address
5623 145A Street, Surrey, BC, CAN, V3S 8E3
Website
Cameo Resources Inc is a mineral exploration company. The business objective of the company is to identify, evaluate, acquire, and explore mineral properties for the purposes of identifying a mineral resource deposit at its flagship Nevada Project, as well as any other mineral properties that the company may acquire an interest in from time to time subsequent to the date hereof.
Executives
Casey Lewis Director

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