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Alpha Exploration (TSXV:ALEX) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Alpha Exploration Accounts Receivable?

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


Alpha Exploration Accounts Receivable Historical Data

The historical data trend for Alpha 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.

* Premium members only.

Alpha Exploration Accounts Receivable Chart

Alpha Exploration Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
- - -

Alpha Exploration Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Alpha Exploration Accounts Receivable Calculation

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


Alpha 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.

Alpha 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), Alpha Exploration's accounts receivable are only considered to be worth 75% of book value:

Alpha 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)
=(3.307+0.75 * 0+0.5 * 0-3.028
-0-0)/86.8459
=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.


Alpha Exploration Accounts Receivable Related Terms

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Alpha Exploration (TSXV:ALEX) Business Description

Traded in Other Exchanges
Address
Wickams Cay 1, Tortola, 3rd Floor, Omar Hodge Building, P.O. Box 362, Tortola, Road Town, VGB
Alpha Exploration Ltd is an exploration company focused on the discovery of gold and base metals deposits. It operates in a single project Kerkasha, which is located in Eritrea.
Executives
Berhane Soquar Director or Senior Officer of 10% Security Holder