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Canadian Copper (XCNQ:CCI) Accounts Receivable : C$0.00 Mil (As of Jan. 2024)


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What is Canadian Copper Accounts Receivable?

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


Canadian Copper Accounts Receivable Historical Data

The historical data trend for Canadian Copper'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.

Canadian Copper Accounts Receivable Chart

Canadian Copper Annual Data
Trend Oct21 Oct22 Oct23
Accounts Receivable
- - -

Canadian Copper Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Canadian Copper Accounts Receivable Calculation

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


Canadian Copper 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.

Canadian Copper's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

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

Canadian Copper's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(0.103+0.75 * 0+0.5 * 0-0.414
-0-0)/90.0448
=-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.


Canadian Copper Accounts Receivable Related Terms

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Canadian Copper (XCNQ:CCI) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Toronto, ON, CAN, M5C 1P1
Canadian Copper Inc is a Canadian-based company. The company is a resource exploration company with a focus on the exploration and acquisition of copper assets in New Brunswick. The company is engaged in the identification, evaluation and acquisition of mineral properties in Canada.
Executives
Simon Quick Senior Officer