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Gold Hydrogen (ASX:GHY) Accounts Receivable : A$0.00 Mil (As of Jun. 2023)


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What is Gold Hydrogen Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gold Hydrogen's accounts receivables for the quarter that ended in Jun. 2023 was A$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. Gold Hydrogen's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was A$0.11.

Gold Hydrogen Accounts Receivable Historical Data

The historical data trend for Gold Hydrogen'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.

Gold Hydrogen Accounts Receivable Chart

Gold Hydrogen Annual Data
Trend Jun22 Jun23
Accounts Receivable
- -

Gold Hydrogen Semi-Annual Data
Jun22 Jun23
Accounts Receivable - -

Gold Hydrogen Accounts Receivable Calculation

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

Gold Hydrogen 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.

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

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

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

Gold Hydrogen'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)
=(16.243+0.75 * 0+0.5 * 0-0.511
-0-0)/140
=0.11

* 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.

Gold Hydrogen Accounts Receivable Related Terms

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Gold Hydrogen (ASX:GHY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gold Hydrogen Ltd (ASX:GHY) » Definitions » Accounts Receivable
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Traded in Other Exchanges
GHYLF:USA
Address
110 Eagle Street, Suite 3, Level 14, Brisbane, QLD, AUS, 4000
Website
https://www.goldhydrogen.com.au
Gold Hydrogen Ltd engages in the exploration of a natural hydrogen prospective resource in Australia. It holds 100% interest in the Ramsay Project, a Gold Hydrogen exploration project in South Australia.