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Reyna Gold (TSXV:REYG) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)


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What is Reyna Gold Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Reyna Gold's accounts receivables for the quarter that ended in Dec. 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. Reyna Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.01.


Reyna Gold Accounts Receivable Historical Data

The historical data trend for Reyna 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.

* Premium members only.

Reyna Gold Accounts Receivable Chart

Reyna Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 0.04 - -

Reyna Gold Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 - 0.01 - -

Reyna Gold Accounts Receivable Calculation

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


Reyna 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0*91
=

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

Reyna Gold'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)
=(0.981+0.75 * 0.002+0.5 * 0-0.062
-0-0)/67.2312
=0.01

* 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.


Reyna Gold Accounts Receivable Related Terms

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Reyna Gold (TSXV:REYG) Business Description

Traded in Other Exchanges
Address
410 - 325 Howe Street, Vancouver, BC, CAN, V6C1Z7
Reyna Gold Corp is engaged in the acquisition, exploration, and development of resource properties for the mining of precious or base metals with a focus on Mexico. It has one industry segment, which is the acquisition and exploration of mineral properties. Its projects include La Gloria, El Durazno, La Centella and Don Porfirio.

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