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Nouveau Monde Graphite (TSXV:NOU) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


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What is Nouveau Monde Graphite Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Nouveau Monde Graphite's accounts receivables for the quarter that ended in Mar. 2024 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. Nouveau Monde Graphite's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.05.


Nouveau Monde Graphite Accounts Receivable Historical Data

The historical data trend for Nouveau Monde Graphite'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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Nouveau Monde Graphite Accounts Receivable Chart

Nouveau Monde Graphite Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Nouveau Monde Graphite Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Nouveau Monde Graphite Accounts Receivable Calculation

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


Nouveau Monde Graphite 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.

Nouveau Monde Graphite's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Nouveau Monde Graphite's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(88.033+0.75 * 0+0.5 * 0-92.469
-0-0)/92.1121
=-0.05

* 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.


Nouveau Monde Graphite Accounts Receivable Related Terms

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Nouveau Monde Graphite (TSXV:NOU) Business Description

Traded in Other Exchanges
Address
481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0
Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.
Executives
Josée Gagnon Senior Officer

Nouveau Monde Graphite (TSXV:NOU) Headlines

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