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Allegiance Coal (ASX:AHQ) Accounts Receivable : A$0.09 Mil (As of Jun. 2022)


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What is Allegiance Coal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allegiance Coal's accounts receivables for the quarter that ended in Jun. 2022 was A$0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allegiance Coal's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 0.25.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allegiance Coal's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was A$-0.24.


Allegiance Coal Accounts Receivable Historical Data

The historical data trend for Allegiance Coal'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.

Allegiance Coal Accounts Receivable Chart

Allegiance Coal Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 0.09

Allegiance Coal Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.15 0.09 1.62 0.09

Allegiance Coal Accounts Receivable Calculation

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


Allegiance Coal 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.

Allegiance Coal's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.09/64.786*91
=0.25

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

Allegiance Coal's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(7.949+0.75 * 0.09+0.5 * 21.957-145.445
-0-0.388)/525.083
=-0.24

* 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.


Allegiance Coal Accounts Receivable Related Terms

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Allegiance Coal (ASX:AHQ) Business Description

Traded in Other Exchanges
N/A
Address
109 Pitt Street, Suite 107, Sydney, NSW, AUS, 2000
Allegiance Coal Ltd is an Australia-based company engaged in the acquisition and exploration of coal tenements. The company's project includes Telkwa Metallurgical Coal, Tenas Metallurgical Coal, Back Creek Project, Black Warrior, New Elk Mine, and Kilmain Project.

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