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Ariana Resources (AQSE:AAU.GB) Accounts Receivable : £0.00 Mil (As of Jun. 2023)


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What is Ariana Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ariana Resources's accounts receivables for the quarter that ended in Jun. 2023 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. Ariana Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was £0.01.


Ariana Resources Accounts Receivable Historical Data

The historical data trend for Ariana 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.

* Premium members only.

Ariana Resources Accounts Receivable Chart

Ariana Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
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Ariana Resources Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Ariana Resources Accounts Receivable Calculation

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


Ariana 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.

Ariana Resources's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

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

Ariana Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(6.225+0.75 * 0+0.5 * 0-0.274
-0-0.03)/1146.36
=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.


Ariana Resources Accounts Receivable Related Terms

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Ariana Resources (AQSE:AAU.GB) Business Description

Traded in Other Exchanges
Address
45 King William Street, 2nd Floor, Regis House, London, GBR, EC4R 9AN
Ariana Resources PLC involves in the acquisition, exploration, and development of gold and technology metals in Turkey and Australia. The company along with its subsidiaries focuses on the Red Rabbit Gold Project located in western Turkey and has the Salinbas,Tavsan, Ivrindi and other projects. The group currently identifies one division as an operating segment: mineral exploration. The activities for this operating segment are as follows: Mineral exploration: incorporates the acquisition, exploration and development of mineral resources. Reconciling items include non mineral exploration costs and transactions between Group and associate companies. Its geographical segments include the United Kingdom and Turkey.

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