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ZNWLF (Zinnwald Lithium) Accounts Receivable : $0.00 Mil (As of Jun. 2024)


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What is Zinnwald Lithium Accounts Receivable?

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


Zinnwald Lithium Accounts Receivable Historical Data

The historical data trend for Zinnwald Lithium'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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Zinnwald Lithium Accounts Receivable Chart

Zinnwald Lithium Annual Data
Trend Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Zinnwald Lithium Semi-Annual Data
Sep14 Sep15 Sep16 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Zinnwald Lithium Accounts Receivable Calculation

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


Zinnwald Lithium 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.

Zinnwald Lithium'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), Zinnwald Lithium's accounts receivable are only considered to be worth 75% of book value:

Zinnwald Lithium'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)
=(9.998+0.75 * 0+0.5 * 0-2.385
-0-0)/474.537
=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.


Zinnwald Lithium Accounts Receivable Related Terms

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Zinnwald Lithium Business Description

Traded in Other Exchanges
Address
29-31 Castle Street, High Wycombe, Buckinghamshire, GBR, HP13 6RU
Zinnwald Lithium PLC is a mineral exploration and development company. The company is focused on the Zinnwald Lithium Project in Germany to supply battery-grade lithium products. Also, the company holds 100% interest in the Abbeytown project. Geographically, it operates in UK, Ireland and Germany.

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