GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CKX Lands Inc (AMEX:CKX) » Definitions » Change In Receivables

CKX Lands (CKX Lands) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is CKX Lands Change In Receivables?

CKX Lands's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means CKX Lands's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

CKX Lands's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means CKX Lands's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

CKX Lands's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.11 Mil.

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 Receivable are being managed. CKX Lands's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CKX Lands's liquidation value for the three months ended in Dec. 2023 was $8.66 Mil.


CKX Lands Change In Receivables Historical Data

The historical data trend for CKX Lands's Change In Receivables 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.

CKX Lands Change In Receivables Chart

CKX Lands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CKX Lands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

CKX Lands Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


CKX Lands  (AMEX:CKX) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.105/0.69*91
=13.89

2. In Ben Graham's calculation of liquidation value, CKX Lands's accounts receivable are only considered to be worth 75% of book value:

CKX Lands's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.072-0.495+0.75 * 0.105+0.5 * 0
=8.66

* 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.


CKX Lands Change In Receivables Related Terms

Thank you for viewing the detailed overview of CKX Lands's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


CKX Lands (CKX Lands) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2417 Shell Beach Drive, Lake Charles, LA, USA, 70601
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
Executives
Max H. Hart director P.O. BOX 1700, OPELOUSAS LA 70571
William Gray Stream director 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Daniel J Englander director C/O AMERICA'S CARMART, 802 SOUTHEAST PLAZA AVE #200, BENTONVILLE AR 72712
Scott Adams Stepp officer: Chief Financial Officer 2417 SHELL BEACH DRIVE, LAKE CHARLES LA 70601
Lane T Lamure director POST OFFICE BOX 11941, JACKSON WY 83002
Ellington Edward Moreland Ii director 1232 CYPRESS HARBOR DRIVE, LAKE CHARLES LA 70605
Lee W. Boyer director 127 W. BROAD ST., 4TH FLOOR, LAKE CHARLES LA 70601
Donald Keith Duplechin director 131 STATE STREET, LAKE CHARLES LA 70605
Ottley Properties, Llc 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Minvielle Iv Eugene T director P.O. BOX 51684, LAFAYETTE LA 70505
Lee Bert Appleberry director 315 NORTH WILCREST DRIVE, HOUSTON TX 77079
Charles D Viccellio director, officer: Vice President & Secretary 4113 BEAU CHENE DRIVE, LAKE CHARLES LA 70605
Elizabeth Brooks Hollins director 1128 BIRDNEST ROAD, LAKE CHARLES X1 70611
Michael B White 10 percent owner 337 METAIRIE ROAD, SUITE 202, METAIRIE LA 70005
Mary W Savoy director 1407 ALVIN STREET, LAKE CHARLES LA 70601

CKX Lands (CKX Lands) Headlines

From GuruFocus

CKX Lands Inc Reports Operating Results (10-K/A)

By gurufocus 10qk 01-06-2010