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Arkanova Energy (Arkanova Energy) Change In Receivables : $-0.01 Mil (TTM As of Sep. 2016)


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What is Arkanova Energy Change In Receivables?

Arkanova Energy's change in receivables for the quarter that ended in Sep. 2016 was $0.01 Mil. It means Arkanova Energy's Accounts Receivable declined by $0.01 Mil from Jun. 2016 to Sep. 2016 .

Arkanova Energy's change in receivables for the fiscal year that ended in Sep. 2016 was $-0.01 Mil. It means Arkanova Energy's Accounts Receivable increased by $0.01 Mil from Sep. 2015 to Sep. 2016 .

Arkanova Energy's Accounts Receivable for the quarter that ended in Sep. 2016 was $0.06 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. Arkanova Energy's Days Sales Outstanding for the three months ended in Sep. 2016 was 50.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arkanova Energy's liquidation value for the three months ended in Sep. 2016 was $-19.42 Mil.


Arkanova Energy Change In Receivables Historical Data

The historical data trend for Arkanova 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.

* Premium members only.

Arkanova Energy Change In Receivables Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.02 0.08 -0.01

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.05 - -0.01 -0.03 0.01

Arkanova 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 Sep. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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.


Arkanova Energy  (OTCPK:AKVA) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.055/0.1*91
=50.19

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

Arkanova Energy's liquidation value for the quarter that ended in Sep. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.075-19.534+0.75 * 0.055+0.5 * 0
=-19.42

* 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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Arkanova Energy (Arkanova Energy) Business Description

Traded in Other Exchanges
N/A
Address
305 Camp Craft Road, Suite 525, Austin, TX, USA, 78746
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.

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