GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Camber Energy Inc (AMEX:CEI) » Definitions » Accounts Receivable

Camber Energy (Camber Energy) Accounts Receivable : $8.55 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Camber Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Camber Energy's accounts receivables for the quarter that ended in Dec. 2023 was $8.55 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Camber Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 101.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Camber Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.63.


Camber Energy Accounts Receivable Historical Data

The historical data trend for Camber Energy's Accounts Receivable 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.

Camber Energy Accounts Receivable Chart

Camber Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 4.05 8.78 5.28 8.55

Camber Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Receivable 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 5.27 5.28 6.49 6.50 8.55

Camber Energy Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Camber Energy Accounts Receivable 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 receivables are being managed.

Camber Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.545/7.647*91
=101.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Camber Energy's accounts receivable are only considered to be worth 75% of book value:

Camber Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.906+0.75 * 8.545+0.5 * 9.796-77.414
-0-9.805)/119.302
=-0.63

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Camber Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Camber Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Camber Energy (Camber Energy) Business Description

Traded in Other Exchanges
Address
15915 Katy Freeway, Suite 450, Houston, TX, USA, 77094
Camber Energy Inc Formerly Viking Energy Group Inc is an independent exploration and production company. The company is engaged in the acquisition, exploration, development, and production of oil and natural gas properties. Its properties are located in Miami and Franklin Counties in eastern Kansas, Missouri, Texas, Louisiana, Mississippi, and Alberta. The company generates revenue from oil and gas sales.
Executives
James G Miller director P.O. BOX 14144, PARKVILLE MO 64152
John F Mcvicar officer: Chief Financial Officer 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Barker Frank W. Jr. officer: Chief Financial Officer 115915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Robert K Green director P O BOX 13287, KANSAS CITY MO 64199
James Andrew Doris director, officer: CEO & President 15915 KATY FREEWAY, SUITE 450, HOUSTON TX 77094
Troy Andrew Caruso 10 percent owner 10 COLONIAL DRIVE, SMITHTOWN NY 11787
Louis G Schott officer: Interim CEO 4040 BROADWAY, SUITE 508, SAN ANTONIO TX 78209
Donnie Baker Seay director 105 NADINE RD., SAN ANTONIO TX 78209
Robert W Schleizer officer: Interim CFO
Kenneth Ray Sanders officer: Chief Operating Officer 2706 KINGS FOREST DR., KINGWOOD TX 77339
Paul Anthony Pinkston officer: Chief Accounting Officer 450 GEARS ROAD, SUITE 860, HOUSTON TX 77067
Mpii, Inc. officer: President PO BOX 14000, SAN ANTONIO TX 78214
Robert D. Tips director 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
R.d. Tips, Inc. officer: President 1700 S.E. MILITARY DRIVE, SAN ANTONIO TX 78214
Rad2 Minerals, Ltd 10 percent owner PO BOX 6172, SAN ANTONIO TX 78209