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Lincoln Minerals (ASX:LML) Accounts Receivable : A$0.08 Mil (As of Dec. 2023)


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What is Lincoln Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lincoln Minerals's accounts receivables for the quarter that ended in Dec. 2023 was A$0.08 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. Lincoln Minerals's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.00.


Lincoln Minerals Accounts Receivable Historical Data

The historical data trend for Lincoln 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.

* Premium members only.

Lincoln Minerals Accounts Receivable Chart

Lincoln Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lincoln Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.04 - 0.10 - 0.08

Lincoln Minerals Accounts Receivable Calculation

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


Lincoln 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.

Lincoln Minerals's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.075/0*91
=

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

Lincoln Minerals's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1.601+0.75 * 0.075+0.5 * 0-0.141
-0-0)/1082.98
=0.00

* 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.


Lincoln Minerals Accounts Receivable Related Terms

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Lincoln Minerals (ASX:LML) Business Description

Traded in Other Exchanges
N/A
Address
Level 14, 333 Collins Street, Suite 3215, Melbourne, VIC, AUS, 3000
Lincoln Minerals Ltd is an Australian minerals explorer and developer, focused on base metals, iron ore, and graphite exploration and project development on the Eyre Peninsula of South Australia. Lincoln's principal graphite projects include the Kookaburra Gully Project, the historic Koppio Graphite Mine, and the Kookaburra Gully Extended, Pernella, Campoona Syncline, and the Gum Flat project. Its other projects include Minbrie project a base metal and vanadium project, the Eurilla project, and the Nantuma project.

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