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Epsilon Energy (Epsilon Energy) Accounts Receivable : $6.02 Mil (As of Dec. 2023)


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What is Epsilon Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Epsilon Energy's accounts receivables for the quarter that ended in Dec. 2023 was $6.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Epsilon Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 64.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Epsilon Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.60.


Epsilon Energy Accounts Receivable Historical Data

The historical data trend for Epsilon 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.

Epsilon Energy Accounts Receivable Chart

Epsilon 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 4.30 3.92 4.60 7.20 6.02

Epsilon Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 7.20 4.81 4.36 4.01 6.02

Epsilon Energy Accounts Receivable Calculation

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


Epsilon 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.

Epsilon 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
=6.015/8.563*91
=64.10

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

Epsilon 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)
=(32.179+0.75 * 6.015+0.5 * 0-23.43
-0-0)/22.1518
=0.60

* 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.


Epsilon Energy Accounts Receivable Related Terms

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Epsilon Energy (Epsilon Energy) Business Description

Traded in Other Exchanges
N/A
Address
500 Dallas Street, Suite 1250, Houston, TX, USA, 77002
Epsilon Energy Ltd is engaged in the acquisition, development, gathering, and production of natural gas and oil reserves. The operating segments of the company include Upstream segment activities include acquisition, development, and production of natural gas reserves on properties within the United States. The Gas Gathering segment partners with two other companies to operate a natural gas gathering system, and the corporate segment activities include corporate listing and governance functions of the corporation. The company generates revenue from the sale of crude oil and natural gas.
Executives
Jason Stabell director, officer: Chief Executive Officer 16945 NORTHCHASE DR., SUITE 1610, HOUSTON TX 77060
Solas Capital Management, Llc 10 percent owner 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Jason Stankowski director 3160 COLLEGE AVE, SUITE 203, BERKELEY CA 94705
Nicola L Maddox director 6331 CONCHO BAY DR, HOUSTON TX 77041
Andrew Williamson officer: Chief Financial Officer 16945 NORTHCHASE DR., SUITE 1610, HOUSTON TX 77060
John Lovoi director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
David W Winn director 5217 HOLLY ST., BELLAIRE TX 77401
Tucker Golden Frederick 10 percent owner C/O SOLAS CAPITAL MANAGEMENT, LLC, 1063 POST ROAD, 2ND FLOOR, DARIEN CT 06820
Bruce Lane Bond officer: Chief Financial Officer 6206 CORAL RIDGE RD., HOUSTON TX 77069
Stephen Finlayson director 3621 TIMBERSIDE CIRCLE DR., HOUSTON TX 77025
Ryan Roebuck director 16701 GREENSPOINT PARK DR., SUITE 195, HOUSTON TX 77060
Oakview Capital Management, L.p. 10 percent owner 3879 MAPLE AVE., SUITE 300, DALLAS TX 75219
Azvalor Asset Management Sgiic Sa 10 percent owner PASEO DE LA CASTELLANA 110, MADRID U3 28046
Matthew Dougherty director 180 N. STETSON AVE, SUITE 5500, CHICAGO IL 60601
Adrian Montgomery director 16701 GREENSPOINT PARK DRIVE, SUITE 195, HOUSTON TX 77060

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