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Gordon Creek Energy (FRA:M2Y1) Change In Receivables : €0.09 Mil (TTM As of Oct. 2015)


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What is Gordon Creek Energy Change In Receivables?

Gordon Creek Energy's change in receivables for the quarter that ended in Oct. 2015 was €-0.01 Mil. It means Gordon Creek Energy's Accounts Receivable increased by €0.01 Mil from Jul. 2015 to Oct. 2015 .

Gordon Creek Energy's change in receivables for the fiscal year that ended in Jan. 2015 was €-0.02 Mil. It means Gordon Creek Energy's Accounts Receivable increased by €0.02 Mil from Jan. 2014 to Jan. 2015 .

Gordon Creek Energy's Accounts Receivable for the quarter that ended in Oct. 2015 was €0.05 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. Gordon Creek Energy's Days Sales Outstanding for the three months ended in Oct. 2015 was 27.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gordon Creek Energy's liquidation value for the three months ended in Oct. 2015 was €-16.92 Mil.


Gordon Creek Energy Change In Receivables Historical Data

The historical data trend for Gordon Creek 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.

Gordon Creek Energy Change In Receivables Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.05 -0.25 0.29 -0.02

Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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 -0.03 - -0.06 0.15 -0.01

Gordon Creek 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 Oct. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.09 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.


Gordon Creek Energy  (FRA:M2Y1) 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.

Gordon Creek Energy's Days Sales Outstanding for the quarter that ended in Oct. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.046/0.154*91
=27.26

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

Gordon Creek Energy's liquidation value for the quarter that ended in Oct. 2015 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.153-17.109+0.75 * 0.046+0.5 * 0
=-16.92

* 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.


Gordon Creek Energy Change In Receivables Related Terms

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Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

Gordon Creek Energy (FRA:M2Y1) Headlines

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