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Lightstream Resources (Lightstream Resources) Accounts Receivable : $27.6 Mil (As of Sep. 2016)


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What is Lightstream Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lightstream Resources's accounts receivables for the quarter that ended in Sep. 2016 was $27.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lightstream Resources's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 42.31.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lightstream Resources's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-7.22.


Lightstream Resources Accounts Receivable Historical Data

The historical data trend for Lightstream Resources'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.

Lightstream Resources Accounts Receivable Chart

Lightstream Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial 189.84 164.57 122.61 91.34 39.28

Lightstream Resources Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Accounts Receivable 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 47.45 39.28 27.23 30.60 27.57

Lightstream Resources Accounts Receivable Calculation

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


Lightstream Resources 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.

Lightstream Resources's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27.571/59.469*91
=42.31

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

Lightstream Resources's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(30.001+0.75 * 27.571+0.5 * 0-1487.559
-0-0)/198.992
=-7.22

* 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.


Lightstream Resources Accounts Receivable Related Terms

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Lightstream Resources (Lightstream Resources) Business Description

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Lightstream Resources Ltd is an oil and gas company. The company is principally engaged in the exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan with a focus on light oil. Its principal operating areas include southeast Saskatchewan in the Bakken and Mississippian formations, central Alberta in the Cardium formation and north-central Alberta in the Swan Hills area. The company revenue is generated from the sale of crude oil, natural gas, and natural gas liquids.

Lightstream Resources (Lightstream Resources) Headlines

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