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Core Nickel (Core Nickel) Accounts Receivable : $0.00 Mil (As of Apr. 2023)


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What is Core Nickel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Core Nickel's accounts receivables for the quarter that ended in Apr. 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. Core Nickel's Net-Net Working Capital per share for the quarter that ended in Apr. 2023 was $N/A.


Core Nickel Accounts Receivable Historical Data

The historical data trend for Core Nickel'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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Core Nickel Accounts Receivable Chart

Core Nickel Annual Data
Trend Apr23
Accounts Receivable
-

Core Nickel Semi-Annual Data
Apr23
Accounts Receivable -

Core Nickel Accounts Receivable Calculation

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


Core Nickel 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.

Core Nickel's Days Sales Outstanding for the quarter that ended in Apr. 2023 is calculated as:

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

Core Nickel's Net-Net Working Capital Per Share for the quarter that ended in Apr. 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)
=(0+0.75 * 0+0.5 * 0-N/A
-0-0)/0
=N/A

* 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.


Core Nickel Accounts Receivable Related Terms

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Core Nickel (Core Nickel) Business Description

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Traded in Other Exchanges
Address
75 - 24th Street East, Unit 204, Saskatoon, SK, CAN, S7K0K3
Core Nickel Corp is engaged in developing the Nickel Properties, It operates five nickel properties: Halfway Lake, Resting Lake, Hunter, Odei River, and Mel properties all in the Thompson nickel belt of northern Manitoba.

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