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Cypress Hills Resource (TSXV:CHY.H) Accounts Receivable : C$0.00 Mil (As of Jun. 2024)


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What is Cypress Hills Resource Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cypress Hills Resource's accounts receivables for the quarter that ended in Jun. 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. Cypress Hills Resource's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was C$0.00.


Cypress Hills Resource Accounts Receivable Historical Data

The historical data trend for Cypress Hills Resource'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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Cypress Hills Resource Accounts Receivable Chart

Cypress Hills Resource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Cypress Hills Resource Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Cypress Hills Resource Accounts Receivable Calculation

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


Cypress Hills Resource 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.

Cypress Hills Resource's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

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

Cypress Hills Resource's Net-Net Working Capital Per Share for the quarter that ended in Jun. 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)
=(0.045+0.75 * 0+0.5 * 0-0.027
-0-0)/19.987
=0.00

* 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.


Cypress Hills Resource Accounts Receivable Related Terms

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Cypress Hills Resource Business Description

Traded in Other Exchanges
N/A
Address
595 Burrard Street, P.O. Box 49131, Suite 1703, Three Bentall Centre, Vancouver, BC, CAN, V7X 1J1
Cypress Hills Resource Corp is engaged in the mineral exploration business. It holds an interest in the Amar Property which is a 418 hectares of exploration-stage graphite property in British Columbia, Canada.
Executives
Theodore(ted) John Fostey Director
Robert Douglas Cudney 10% Security Holder
Brian Eric Bayley Director
Alistair Murray Sinclair 10% Security Holder

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