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Sanu Gold (XCNQ:SANU) Accounts Receivable : C$0.05 Mil (As of Mar. 2025)


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What is Sanu Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sanu Gold's accounts receivables for the quarter that ended in Mar. 2025 was C$0.05 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. Sanu Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$0.03.


Sanu Gold Accounts Receivable Historical Data

The historical data trend for Sanu Gold'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.

Sanu Gold Accounts Receivable Chart

Sanu Gold Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Accounts Receivable
- 0.01 0.04 -

Sanu Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.04 - 0.04 0.04 0.05

Sanu Gold Accounts Receivable Calculation

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


Sanu Gold 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.

Sanu Gold's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.051/0*91
=

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

Sanu Gold's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(12.41+0.75 * 0.051+0.5 * 0-0.319
-0-0.059)/384.178
=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.


Sanu Gold Accounts Receivable Related Terms

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Sanu Gold Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
Sanu Gold Corp is a mining, exploration, and development company that has interests in three drill-ready gold exploration projects in Guinea, West Africa's Siguiri Basin. The Corporation's primary project is the Banta Baye Property, The other projects are known as the Diguifara project, Bantabaye project and the Daina project.
Executives
Galen Stuart Mcnamara Director
Martin Pawlitschek Director, Senior Officer
Fiona Christina Childe Senior Officer

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