Wolf Energy Services (Wolf Energy Services) Change In Receivables : $-0.01 Mil (TTM As of Jun. 2023)

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What is Wolf Energy Services Change In Receivables?

Wolf Energy Services's change in receivables for the quarter that ended in Jun. 2023 was $0.03 Mil. It means Wolf Energy Services's Accounts Receivable declined by $0.03 Mil from Mar. 2023 to Jun. 2023 .

Wolf Energy Services's change in receivables for the fiscal year that ended in Mar. 2023 was $0.02 Mil. It means Wolf Energy Services's Accounts Receivable declined by $0.02 Mil from Mar. 2022 to Mar. 2023 .

Wolf Energy Services's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.12 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. Wolf Energy Services's Days Sales Outstanding for the three months ended in Jun. 2023 was 4.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wolf Energy Services's liquidation value for the three months ended in Jun. 2023 was $-3.70 Mil.

Wolf Energy Services Change In Receivables Historical Data

The historical data trend for Wolf Energy Services'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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Wolf Energy Services Change In Receivables Chart

Wolf Energy Services Annual Data

Trend

Mar22

Mar23

Change In Receivables

0.10

0.02

Wolf Energy Services Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial			0.06	-0.08	0.14	-0.09	0.03

Wolf Energy Services 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Wolf Energy Services (OTCPK:WOEN) 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.

Wolf Energy Services's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.116	/	2.344	*	91
=	4.52

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

Wolf Energy Services's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.167	-	3.955	+	0.75 * 0.116	+	0.5 * 0
=	-3.70

Wolf Energy Services Change In Receivables Related Terms

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Wolf Energy Services (Wolf Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wolf Energy Services Inc (OTCPK:WOEN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

408 State Highway 135N, Kilgore, TX, USA, 75662

Website

https://www.wolf-energy.com

Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.

Executives

Jay M. Puchir	officer: CEO & President of Subsidiary	3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla	director, officer: CEO and CFO	408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc.	10 percent owner	303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy	director	303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman	director	2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella	10 percent owner	3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella	director, officer: Chief Executive Officer	821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella	director, 10 percent owner, officer: Chief Executive Officer	3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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