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Buffalo Coal (TSXV:BUF) Accounts Receivable : C$7.98 Mil (As of Sep. 2022)


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What is Buffalo Coal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Buffalo Coal's accounts receivables for the quarter that ended in Sep. 2022 was C$7.98 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Buffalo Coal's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 49.02.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Buffalo Coal's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$-0.10.


Buffalo Coal Accounts Receivable Historical Data

The historical data trend for Buffalo Coal'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.

Buffalo Coal Accounts Receivable Chart

Buffalo Coal Annual Data
Trend Feb12 Feb13 Feb14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 3.97 2.23 0.72 1.94

Buffalo Coal Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.44 1.94 2.88 2.40 7.98

Buffalo Coal Accounts Receivable Calculation

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


Buffalo Coal 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.

Buffalo Coal's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.978/14.85*91
=49.02

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

Buffalo Coal's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(2.755+0.75 * 7.978+0.5 * 6.414-61.407
-0--0.686)/505.623
=-0.10

* 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.


Buffalo Coal Accounts Receivable Related Terms

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Buffalo Coal (TSXV:BUF) Business Description

Traded in Other Exchanges
N/A
Address
Greytown Road, Industrial area, KwaZulu Natal, Dundee, ZAF, 3000
Buffalo Coal Corp is a Canadian based company, that operates as a producer of thermal and metallurgical coal. The business activity of the company includes the supply of thermal coal, anthracite and calcine into both Canadian and international markets. The company holds an interest in two operating mines which are Magdalena bituminous mine and Aviemore anthracite mine.

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