Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
Market Cap 4.78 B P/E(ttm)
Enterprise Value P/B 3.50
VEMTF- OTCPK (USA)
Vermilion Energy, Inc.
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$0.00
Switch to:

Vermilion Energy, Inc. Accounts Receivable: 136.3 ( as of Jun12)

* All numbers are in millions except for per share data VEMTF 10-Y Financials »

Definition

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

Explanation

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Accounts receivable can be measured by Days Sales Outstanding:

Days Sales Outstanding = Account Receivable/Revenue x Days in Period.

In Ben Graham’s calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value:

Liquidation value = Cash and cash equivalents + (0.75 * accounts receivable) + (0.5 * inventory) - Total Liabilities

Beaware

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.

Related Terms

Days Sales Outstanding, Total Current Assets
* All numbers are in millions except for per share data

Vermilion Energy, Inc. Annual Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Dec09Dec10Dec11
Accts Rec.Premium Member OnlyPremium Member OnlyPremium Member Only
Vermilion Energy, Inc. Quarterly Data

This information is for Premium Members Only.


Take the full advantage of Gurus' investment ideas now.

7-Day Free Trial
Mar10Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12
Accts Rec.Premium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member OnlyPremium Member Only

Financial Dictionary

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial
FEEDBACK