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Northern Minerals and Exploration (Northern Minerals and Exploration) Accounts Receivable : $0.00 Mil (As of Jan. 2024)


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What is Northern Minerals and Exploration Accounts Receivable?

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


Northern Minerals and Exploration Accounts Receivable Historical Data

The historical data trend for Northern Minerals and 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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Northern Minerals and Exploration Accounts Receivable Chart

Northern Minerals and Exploration Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
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Northern Minerals and Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Northern Minerals and Exploration Accounts Receivable Calculation

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


Northern Minerals and 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.

Northern Minerals and Exploration's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Northern Minerals and Exploration's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.01+0.75 * 0+0.5 * 0-0.274
-0-0)/93.301
=-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.


Northern Minerals and Exploration Accounts Receivable Related Terms

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Northern Minerals and Exploration (Northern Minerals and Exploration) Business Description

Traded in Other Exchanges
N/A
Address
881 West State Road, Pleasant Grove, UT, USA, 84062
Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.

Northern Minerals and Exploration (Northern Minerals and Exploration) Headlines