GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineros SA (TSX:MSA) » Definitions » Accounts Receivable

Mineros (TSX:MSA) Accounts Receivable : C$33.7 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Mineros Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mineros's accounts receivables for the quarter that ended in Mar. 2024 was C$33.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mineros's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 19.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mineros's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.41.


Mineros Accounts Receivable Historical Data

The historical data trend for Mineros'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.

Mineros Accounts Receivable Chart

Mineros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.19 25.38 18.37 24.71 10.77

Mineros Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.15 45.88 27.77 10.77 33.68

Mineros Accounts Receivable Calculation

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


Mineros 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=33.679/154.511*91
=19.89

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

Mineros'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)
=(62.106+0.75 * 33.679+0.5 * 32.959-228.133
-0-0.003)/299.737
=-0.41

* 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.


Mineros Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mineros's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Mineros (TSX:MSA) Business Description

Traded in Other Exchanges
Address
Cra 43 A No 14-109, Ed. NovaTempo, Piso 6, Medellin, COL
Mineros SA is a Latin American gold mining company. The company has a diversified asset base, with mines in Colombia, Nicaragua and Argentina and a pipeline of development and exploration projects throughout the region. In Colombia, Nechi Aluvial is a mining property located in the Lower Cauca Region of Antioquia, in northwestern Colombia. In Nicaragua, it owns Hemco, a mining operation located in Bonanza, a municipality in the Caribbean Coast, in the northeastern part of the country, where it has an underground mine and an artisanal mining program. The property in Argentina, Gualcamayo has an open pit and an underground operation. In Chile, it has the La Pepa Greenfield project with Yamana, in the region of Copiapo, in the northern part of the country.
Executives
Negocios Y Representaciones S.a.s 10% Security Holder