Prospera Energy (TSXV:PEI) Change In Receivables : C$-0.96 Mil (TTM As of Mar. 2024)

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What is Prospera Energy Change In Receivables?

Prospera Energy's change in receivables for the quarter that ended in Mar. 2024 was C$-0.06 Mil. It means Prospera Energy's Accounts Receivable increased by C$0.06 Mil from Sep. 2023 to Mar. 2024 .

Prospera Energy's change in receivables for the fiscal year that ended in Dec. 2022 was C$-2.28 Mil. It means Prospera Energy's Accounts Receivable increased by C$2.28 Mil from Dec. 2021 to Dec. 2022 .

Prospera Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$2.89 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. Prospera Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Prospera Energy's liquidation value for the three months ended in Mar. 2024 was C$-45.70 Mil.

Prospera Energy Change In Receivables Historical Data

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

Prospera Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.89

-1.02

-0.86

-2.63

-2.28

Prospera Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.74	-0.98	-0.40	-0.50	-0.06

Prospera 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$-0.96 Mil.

Prospera Energy (TSXV:PEI) 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.

Prospera 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
=	2.894	/	4.181	*	91
=	63.16

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

Prospera 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)
=	0.027	-	48.217	+	0.75 * 2.894	+	0.5 * 0.642
=	-45.70

Prospera Energy Change In Receivables Related Terms

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Prospera Energy (TSXV:PEI) Business Description

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Traded in Other Exchanges

GXRFF:USA OF6B:Germany

Address

444 - 7th Avenue SW, Suite 730, Calgary, AB, CAN, T2P 0X8

Website

https://www.prosperaenergy.com

Prospera Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas properties in Canada. The company derives revenue from the sales of Petroleum and Natural gas, of which key revenue is derived from the sale of Petroleum. Some of its properties include Red Earth, Pouce Coupe, Luseland, Cuthbert and Hearts Hill.

Executives

Mark Lacey

Director

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