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Twin Butte Energy (Twin Butte Energy) Change In Receivables : $0.0 Mil (TTM As of Jun. 2016)


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What is Twin Butte Energy Change In Receivables?

Twin Butte Energy's change in receivables for the quarter that ended in Jun. 2016 was $0.0 Mil. It means Twin Butte Energy's Accounts Receivable stayed the same from Mar. 2016 to Jun. 2016 .

Twin Butte Energy's change in receivables for the fiscal year that ended in Dec. 2015 was $0.0 Mil. It means Twin Butte Energy's Accounts Receivable stayed the same from Dec. 2014 to Dec. 2015 .

Twin Butte Energy's Accounts Receivable for the quarter that ended in Jun. 2016 was $15.7 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. Twin Butte Energy's Days Sales Outstanding for the three months ended in Jun. 2016 was 45.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Twin Butte Energy's liquidation value for the three months ended in Jun. 2016 was $-387.5 Mil.


Twin Butte Energy Change In Receivables Historical Data

The historical data trend for Twin Butte Energy'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.

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Twin Butte Energy Change In Receivables Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Receivables
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Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Twin Butte Energy 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 Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.


Twin Butte Energy  (OTCPK:TBTEF) 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.

Twin Butte Energy's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.744/31.627*91
=45.42

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

Twin Butte Energy's liquidation value for the quarter that ended in Jun. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-399.338+0.75 * 15.744+0.5 * 0
=-387.5

* 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.


Twin Butte Energy Change In Receivables Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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