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Logan energy (TSXV:LGN) Change In Receivables : C$0.00 Mil (TTM As of Mar. 2024)


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What is Logan energy Change In Receivables?

Logan energy's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Logan energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Logan energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Logan energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Logan energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$4.95 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. Logan energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 17.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Logan energy's liquidation value for the three months ended in Mar. 2024 was C$-21.81 Mil.


Logan energy Change In Receivables Historical Data

The historical data trend for Logan 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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Logan energy Change In Receivables Chart

Logan energy Annual Data
Trend Dec22 Dec23
Change In Receivables
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Logan energy Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial - - - - -

Logan 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Logan energy  (TSXV:LGN) 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.

Logan energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.945/25.287*91
=17.84

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

Logan energy'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)
=45.864-71.379+0.75 * 4.945+0.5 * 0
=-21.81

* 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.


Logan energy Change In Receivables Related Terms

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Logan energy (TSXV:LGN) Business Description

Traded in Other Exchanges
Address
308 - 4 Avenue SW, Suite 1500, Calgary, AB, CAN, T2P 3C4
Logan energy corp is a growth-oriented exploration, development and production company. It is founded with strong initial capitalization and three high-quality and opportunity-rich Montney assets located in the Simonette and Pouce Coupe areas of northwest Alberta and the Flatrock area of northeastern British Columbia. The company carries on the exploration,development and production of oil and natural gas.

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