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Goldhills Holding (TSXV:GHL) Accounts Receivable : C$0.00 Mil (As of Oct. 2023)


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What is Goldhills Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Goldhills Holding's accounts receivables for the quarter that ended in Oct. 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. Goldhills Holding's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was C$-0.02.


Goldhills Holding Accounts Receivable Historical Data

The historical data trend for Goldhills Holding'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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Goldhills Holding Accounts Receivable Chart

Goldhills Holding Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Accounts Receivable
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Goldhills Holding Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Goldhills Holding Accounts Receivable Calculation

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


Goldhills Holding 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.

Goldhills Holding's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

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

Goldhills Holding's Net-Net Working Capital Per Share for the quarter that ended in Oct. 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)
=(0.007+0.75 * 0+0.5 * 0-0.534
-0-0)/23.1687
=-0.02

* 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.


Goldhills Holding Accounts Receivable Related Terms

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Goldhills Holding (TSXV:GHL) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Goldhills Holding Ltd is a centric natural resources company operating in Canada. It focuses on sourcing production and near-term production mining opportunities. The ongoing project of the company is the siguri gold project in guinea which is near siguri town.
Executives
Andri Stytsenko Director