Jericho Energy Ventures (Jericho Energy Ventures) Change In Receivables : $0.04 Mil (TTM As of Mar. 2024)

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What is Jericho Energy Ventures Change In Receivables?

Jericho Energy Ventures's change in receivables for the quarter that ended in Mar. 2024 was $0.05 Mil. It means Jericho Energy Ventures's Accounts Receivable declined by $0.05 Mil from Dec. 2023 to Mar. 2024 .

Jericho Energy Ventures's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.04 Mil. It means Jericho Energy Ventures's Accounts Receivable increased by $0.04 Mil from Dec. 2022 to Dec. 2023 .

Jericho Energy Ventures's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.04 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. Jericho Energy Ventures's Days Sales Outstanding for the three months ended in Mar. 2024 was 298.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Jericho Energy Ventures's liquidation value for the three months ended in Mar. 2024 was $-4.99 Mil.

Jericho Energy Ventures Change In Receivables Historical Data

The historical data trend for Jericho Energy Ventures'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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Jericho Energy Ventures Change In Receivables Chart

Jericho Energy Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.01

0.02

-0.02

-0.03

-0.04

Jericho Energy Ventures Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.02	-0.02	0.05	-0.05	0.05

Jericho Energy Ventures 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 Mil.

Jericho Energy Ventures (OTCPK:JROOF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.036	/	0.011	*	91
=	298.64

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

Jericho Energy Ventures's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.71	-	5.729	+	0.75 * 0.036	+	0.5 * 0
=	-4.99

Jericho Energy Ventures Change In Receivables Related Terms

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Jericho Energy Ventures (Jericho Energy Ventures) Business Description

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JLM:Germany JEV:Canada

Address

1055 West Georgia Street, Suite 2100, PO BOX 11110, STN Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.jerichoenergyventures.com

Jericho Energy Ventures Inc is a crude oil and natural gas company engaged in the exploration, development, and production of crude oil and natural gas. It also focuses on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company has two reportable operating businesses. One is focused on low carbon technologies and the other related to production of crude oil and natural gas.