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Lithium Exploration Group (Lithium Exploration Group) Accounts Receivable : $0.00 Mil (As of Mar. 2018)


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What is Lithium Exploration Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lithium Exploration Group's accounts receivables for the quarter that ended in Mar. 2018 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. Lithium Exploration Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2018 was $-0.14.


Lithium Exploration Group Accounts Receivable Historical Data

The historical data trend for Lithium Exploration Group'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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Lithium Exploration Group Accounts Receivable Chart

Lithium Exploration Group Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Accounts Receivable
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Lithium Exploration Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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Lithium Exploration Group Accounts Receivable Calculation

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


Lithium Exploration Group 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.

Lithium Exploration Group's Days Sales Outstanding for the quarter that ended in Mar. 2018 is calculated as:

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

Lithium Exploration Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2018 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)
=(0.051+0.75 * 0+0.5 * 0-6.027
-0--0.352)/39.3783
=-0.14

* 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.


Lithium Exploration Group Accounts Receivable Related Terms

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Lithium Exploration Group (Lithium Exploration Group) Business Description

Traded in Other Exchanges
N/A
Address
4635 South Lakeshore Drive, Suite 200, Tempe, AZ, USA, 85282
Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada and Southwest Louisiana. The SonCav technology uses a patented process to mechanically induce an ultrasonic cavitation to superheat fluid. It is focused solely on water and crude oil, but technology is expected to have many other commercial uses including mining, LNG, Ethanol, industrial and other chemical uses in the pharmaceutical industry.

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