GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Baden Resources Inc (XCNQ:BDN) » Definitions » Accounts Receivable

Baden Resources (XCNQ:BDN) Accounts Receivable : C$0.01 Mil (As of Sep. 2022)


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

What is Baden Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baden Resources's accounts receivables for the quarter that ended in Sep. 2022 was C$0.01 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. Baden Resources's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was C$0.01.


Baden Resources Accounts Receivable Historical Data

The historical data trend for Baden 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.

Baden Resources Accounts Receivable Chart

Baden Resources Annual Data
Trend Jun20 Jun21 Jun22
Accounts Receivable
- 0.01 0.01

Baden Resources Quarterly Data
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 - - - 0.01 0.01

Baden Resources Accounts Receivable Calculation

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


Baden 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.005/0*91
=

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

Baden Resources'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)
=(0.233+0.75 * 0.005+0.5 * 0-0.032
-0-0)/13.9381
=0.01

* 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.


Baden Resources Accounts Receivable Related Terms

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


Baden Resources (XCNQ:BDN) Business Description

Traded in Other Exchanges
N/A
Address
905 West Pender Street, Suite 503, Vancouver, BC, CAN, V6C 1L6
Website
Baden Resources Inc is a mineral exploration company focused on the acquisition, exploration, and development of mineral properties in British Columbia. Its Midway Property is located in southern British Columbia between the towns of Midway, BC and Rock Creek, BC.