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Mineral & Financial Investments (LSE:MAFL) Accounts Receivable : £0.01 Mil (As of Dec. 2023)


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What is Mineral & Financial Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mineral & Financial Investments's accounts receivables for the quarter that ended in Dec. 2023 was £0.01 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mineral & Financial Investments's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1.22.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mineral & Financial Investments's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.27.


Mineral & Financial Investments Accounts Receivable Historical Data

The historical data trend for Mineral & Financial Investments'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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Mineral & Financial Investments Accounts Receivable Chart

Mineral & Financial Investments Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
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Mineral & Financial Investments Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.01 - 0.02 - 0.01

Mineral & Financial Investments Accounts Receivable Calculation

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


Mineral & Financial Investments 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.

Mineral & Financial Investments's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.006/0.899*91
=1.22

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

Mineral & Financial Investments's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(10.387+0.75 * 0.006+0.5 * 0-0.373
-0-0)/37.1059
=0.27

* 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.


Mineral & Financial Investments Accounts Receivable Related Terms

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Mineral & Financial Investments (LSE:MAFL) Business Description

Traded in Other Exchanges
N/A
Address
One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
Mineral & Financial Investments Ltd is an investment company, invests in natural resources, minerals, metals, and oil and gas projects. It invests in securities of quoted and unquoted companies and their assets, units in open-ended investment companies, exchange traded funds, physical commodities, derivatives, and other hybrid securities. In addition, the company focuses on providing capital for mining companies that require finance for their projects and also offer advisory services to its investee companies.

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