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Geo Energy Resources (SGX:RE4) Accounts Receivable : S$114.0 Mil (As of Mar. 2024)


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What is Geo Energy Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Geo Energy Resources's accounts receivables for the quarter that ended in Mar. 2024 was S$114.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Geo Energy Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 78.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Geo Energy Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was S$-0.30.


Geo Energy Resources Accounts Receivable Historical Data

The historical data trend for Geo Energy 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.

Geo Energy Resources Accounts Receivable Chart

Geo Energy Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.72 27.01 25.33 28.67 20.17

Geo Energy Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 94.31 18.87 109.81 20.17 114.03

Geo Energy Resources Accounts Receivable Calculation

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


Geo Energy 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.

Geo Energy Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=114.029/132.68*91
=78.42

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

Geo Energy Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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+0.75 * 114.029+0.5 * 54.768-537.457
-0-0)/1405.32
=-0.30

* 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.


Geo Energy Resources Accounts Receivable Related Terms

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Geo Energy Resources (SGX:RE4) Business Description

Traded in Other Exchanges
Address
7 Temasek Boulevard, Suite 39-02, Suntec Tower One, Singapore, SGP, 038987
Geo Energy Resources Ltd is an investment holding company, which operates as a coal producer and mines contractor. The operating segments of the company are Coal Mining, Coal Trading, and Mining Services. The Coal Mining segment, which accounts for the majority of the revenue, sells coal produced from operating owned coal mines. The Coal Trading segment purchases and sells coal from third parties. The Mining Services segment engages in mining, contracting, and equipment rental services. Its geographical segments are Indonesia, the People's Republic of China (PRC), Thailand, India, the Philippines, Vietnam, Korea, and Pakistan.

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