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ERHC Energy (ERHC Energy) Change In Receivables : $-0.01 Mil (TTM As of Jun. 2017)


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What is ERHC Energy Change In Receivables?

ERHC Energy's change in receivables for the quarter that ended in Jun. 2017 was $0.00 Mil. It means ERHC Energy's Accounts Receivable stayed the same from Mar. 2017 to Jun. 2017 .

ERHC Energy's change in receivables for the fiscal year that ended in Sep. 2016 was $0.00 Mil. It means ERHC Energy's Accounts Receivable stayed the same from Sep. 2015 to Sep. 2016 .

ERHC Energy's Accounts Receivable for the quarter that ended in Jun. 2017 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ERHC Energy's liquidation value for the three months ended in Jun. 2017 was $-13.78 Mil.


ERHC Energy Change In Receivables Historical Data

The historical data trend for ERHC 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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ERHC Energy Change In Receivables Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Change In Receivables
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ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - -0.02 0.01 -

ERHC 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. 2017 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.


ERHC Energy  (OTCPK:ERHE) 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.

ERHC Energy's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

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

ERHC Energy's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.147-13.925+0.75 * 0+0.5 * 0
=-13.78

* 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.


ERHC Energy Change In Receivables Related Terms

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ERHC Energy (ERHC Energy) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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