Great Southern Copper (LSE:GSCU) Accounts Receivable : £0.21 Mil (As of Sep. 2023)

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What is Great Southern Copper Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Great Southern Copper's accounts receivables for the quarter that ended in Sep. 2023 was £0.21 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. Great Southern Copper's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.00.

Great Southern Copper Accounts Receivable Historical Data

The historical data trend for Great Southern 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.

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Great Southern Copper Accounts Receivable Chart

Great Southern Copper Annual Data

Trend

Mar21

Mar22

Mar23

Accounts Receivable

Great Southern Copper Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Accounts Receivable	-	-	0.31	-	0.21

Great Southern Copper Accounts Receivable Calculation

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

Great Southern 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.

Great Southern Copper's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.206	/	0	*	91
=

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

Great Southern Copper's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=	(0.343	+	0.75 * 0.206	+	0.5 * 0	-	0.357
-	0	-	0)	/	255.086
=	0.00

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.

Great Southern Copper Accounts Receivable Related Terms

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Great Southern Copper (LSE:GSCU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Southern Copper PLC (LSE:GSCU) » Definitions » Accounts Receivable

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E9E:Germany

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

https://www.gscplc.com

Great Southern Copper PLC is a copper exploration company that aims to generate shareholder value through successful exploration and discovery of large-scale porphyry copper-gold deposits from its projects located in the underexplored coastal copper belt of northern Chile. It has two main project sites based on its current licence portfolio, San Lorenzo and Especularita, both located in Chile.

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