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Steadright Critical Minerals (XCNQ:SCM) Accounts Receivable : C$0.00 Mil (As of Sep. 2024)


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What is Steadright Critical Minerals Accounts Receivable?

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


Steadright Critical Minerals Accounts Receivable Historical Data

The historical data trend for Steadright Critical 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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Steadright Critical Minerals Accounts Receivable Chart

Steadright Critical Minerals Annual Data
Trend Mar22 Mar23 Mar24
Accounts Receivable
- - -

Steadright Critical Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Steadright Critical Minerals Accounts Receivable Calculation

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


Steadright Critical 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.

Steadright Critical Minerals's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

Steadright Critical Minerals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.001+0.75 * 0+0.5 * 0-0.101
-0-0)/11.663
=-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.


Steadright Critical Minerals Accounts Receivable Related Terms

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Steadright Critical Minerals Business Description

Traded in Other Exchanges
N/A
Address
1 Crescent Road, Suite 216, Huntsville, ON, CAN, P1H 1Z6
Steadright Critical Minerals Inc is a mining exploration company. The company is engaged in the exploration and evaluation of mineral properties. It explores nickel, copper cobalt, and PGE (Platinum Group Elements) minerals. The company has a focus on the RAM project located within the Province of Quebec.
Executives
John Morgan Director, Senior Officer
Urbanski Mark Director
Palkovits Robert Senior Officer

Steadright Critical Minerals Headlines