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Inception Mining (Inception Mining) Accounts Receivable : $0.00 Mil (As of Mar. 2024)


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What is Inception Mining Accounts Receivable?

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


Inception Mining Accounts Receivable Historical Data

The historical data trend for Inception Mining'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.

Inception Mining Accounts Receivable Chart

Inception Mining Annual Data
Trend Jul14 Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 - -

Inception Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Inception Mining Accounts Receivable Calculation

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


Inception Mining 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.

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

Inception Mining'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)
=(0+0.75 * 0+0.5 * 0-2.694
-0-0)/2638.87
=-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.


Inception Mining Accounts Receivable Related Terms

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Inception Mining (Inception Mining) Business Description

Traded in Other Exchanges
N/A
Address
5530 South 900 East, Suite 280, Murray, UT, USA, 84117
Inception Mining Inc is engaged in the identification, exploration, acquisition, and development of mineral properties. The company primarily explores gold. Its operations are focused on the Clavo Rico mine in Honduras, Central America. Inception derives most of its revenue from mining operations.
Executives
Whitney O Cluff director, officer: Chief Financial Officer 6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio director, 10 percent owner 5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson director 7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs 10 percent owner 4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs director 978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin director, officer: CEO 4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer director, officer: COO P.O. BOX 305, SALMON ID 83467

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