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Goldeneye Resources (TSXV:GOE.H) Accounts Receivable : C$0.00 Mil (As of Jan. 2022)


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What is Goldeneye Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Goldeneye Resources's accounts receivables for the quarter that ended in Jan. 2022 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. Goldeneye Resources's Net-Net Working Capital per share for the quarter that ended in Jan. 2022 was C$0.00.


Goldeneye Resources Accounts Receivable Historical Data

The historical data trend for Goldeneye Resources'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.

Goldeneye Resources Accounts Receivable Chart

Goldeneye Resources Annual Data
Trend Mar12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Accounts Receivable
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Goldeneye Resources Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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Goldeneye Resources Accounts Receivable Calculation

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


Goldeneye Resources 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.

Goldeneye Resources's Days Sales Outstanding for the quarter that ended in Jan. 2022 is calculated as:

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

Goldeneye Resources's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.241+0.75 * 0+0.5 * 0-0.086
-0-0)/49.8272
=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.


Goldeneye Resources Accounts Receivable Related Terms

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Goldeneye Resources (TSXV:GOE.H) Business Description

Traded in Other Exchanges
N/A
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Goldeneye Resources Corp is a mineral exploration company engaged in exploration of precious metal and base metal projects in North America. The company has signed definitive agreements with Unity Resources Inc to acquire interest in mineral claims known as the Roberts Arm, Grand Lake and Gander River Ultramafic Belt East (GRUBE) projects. The projects are in the province of Newfoundland. The company has also signed a definitive agreement with Windfall Geotek for the Corallen Lake property.

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