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Indigo Exploration (Indigo Exploration) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Indigo Exploration Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indigo Exploration's accounts receivables for the quarter that ended in Mar. 2024 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. Indigo Exploration's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $0.00.


Indigo Exploration Accounts Receivable Historical Data

The historical data trend for Indigo Exploration'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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Indigo Exploration Accounts Receivable Chart

Indigo Exploration Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
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Indigo Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Indigo Exploration Accounts Receivable Calculation

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


Indigo Exploration 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.

Indigo Exploration's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Indigo Exploration's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.314+0.75 * 0+0.5 * 0-0.058
-0-0)/65.658
=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.


Indigo Exploration Accounts Receivable Related Terms

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Indigo Exploration (Indigo Exploration) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Indigo Exploration Inc is a junior natural resource company. It is engaged in the acquisition, exploration, and development of natural resource properties. The company's geographic segments include Canada; Burkina Faso and Mali. Its focus is on gold exploration in the Republic of Burkina Faso, West Africa. The company's projects include Lati; Hantoukoura and Djimbala.

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