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Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Accounts Receivable : $0 Mil (As of Dec. 2023)


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What is Sociedad Minera Cerro VerdeA Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sociedad Minera Cerro VerdeA's accounts receivables for the quarter that ended in Dec. 2023 was $0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sociedad Minera Cerro VerdeA's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sociedad Minera Cerro VerdeA's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.20.


Sociedad Minera Cerro VerdeA Accounts Receivable Historical Data

The historical data trend for Sociedad Minera Cerro VerdeA'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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Sociedad Minera Cerro VerdeA Accounts Receivable Chart

Sociedad Minera Cerro VerdeA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 0.12 0.14 0.10 0.03

Sociedad Minera Cerro VerdeA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 0.12 0.14 0.10 0.03

Sociedad Minera Cerro VerdeA Accounts Receivable Calculation

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


Sociedad Minera Cerro VerdeA 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.

Sociedad Minera Cerro VerdeA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.03/4143.228*91
=0.00

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

Sociedad Minera Cerro VerdeA'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)
=(509.616+0.75 * 0.03+0.5 * 643.507-1250.536
-0-0)/350.056
=-1.20

* 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.


Sociedad Minera Cerro VerdeA Accounts Receivable Related Terms

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Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Business Description

Traded in Other Exchanges
Address
Avenue Alfonso Ugarte 304, Arequipa, PER
Sociedad Minera Cerro Verde SAA is involved in the exploration, extraction, production and sale of copper from deposits located in the southwest of the Arequipa city.

Sociedad Minera Cerro VerdeA (Sociedad Minera Cerro VerdeA) Headlines

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