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Gold and GemStone Mining (Gold and GemStone Mining) Accounts Receivable : $0.00 Mil (As of Oct. 2014)


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What is Gold and GemStone Mining Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gold and GemStone Mining's accounts receivables for the quarter that ended in Oct. 2014 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. Gold and GemStone Mining's Net-Net Working Capital per share for the quarter that ended in Oct. 2014 was $-0.00.


Gold and GemStone Mining Accounts Receivable Historical Data

The historical data trend for Gold and GemStone Mining'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 and GemStone Mining Accounts Receivable Chart

Gold and GemStone Mining Annual Data
Trend Jan10 Jan11 Jan12
Accounts Receivable
- - -

Gold and GemStone Mining Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Apr14 Jul14 Oct14
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Gold and GemStone Mining Accounts Receivable Calculation

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


Gold and GemStone Mining 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 and GemStone Mining's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:

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

Gold and GemStone Mining's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2014 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 * 0-0.356
-0-0)/489.75
=-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.


Gold and GemStone Mining Accounts Receivable Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Traded in Other Exchanges
N/A
Address
Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480
Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.