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Baru Gold (TSXV:BARU) Accounts Receivable : C$0.00 Mil (As of Nov. 2023)


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What is Baru Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Baru Gold's accounts receivables for the quarter that ended in Nov. 2023 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. Baru Gold's Net-Net Working Capital per share for the quarter that ended in Nov. 2023 was C$-0.03.


Baru Gold Accounts Receivable Historical Data

The historical data trend for Baru Gold'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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Baru Gold Accounts Receivable Chart

Baru Gold Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
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Baru Gold Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Baru Gold Accounts Receivable Calculation

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


Baru Gold 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.

Baru Gold's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

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

Baru Gold's Net-Net Working Capital Per Share for the quarter that ended in Nov. 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)
=(0.049+0.75 * 0+0.5 * 0-7.433
-0-0)/232.94
=-0.03

* 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.


Baru Gold Accounts Receivable Related Terms

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Baru Gold (TSXV:BARU) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, 9th Floor, Vancouver, BC, CAN, V6E 0C3
Baru Gold Corp is an Indonesian-based Canadian mineral exploration company. The company is building a new gold production facility in Indonesia. It is a junior gold developer with NI43-101 gold resources. Its projects include the Sangihe Gold project and the Indonesian Focus.
Executives
Shidan Murphy Director

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