Permian Basin Royalty Trust (Permian Basin Royalty Trust) Accounts Receivable

: $0.00 Mil (As of Dec. 2023)

View and export this data going back to 1980. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Permian Basin Royalty Trust's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Permian Basin Royalty Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Permian Basin Royalty Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.

Permian Basin Royalty Trust Accounts Receivable Historical Data

The historical data trend for Permian Basin Royalty Trust'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.

Permian Basin Royalty Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Permian Basin Royalty Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																-	-	-	-	-

Permian Basin Royalty Trust Accounts Receivable Calculation

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

Permian Basin Royalty Trust 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.

Permian Basin Royalty Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	14.437	*	91
=	0.00

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

Permian Basin Royalty Trust'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)
=	(6.051	+	0.75 * 0	+	0.5 * 0	-	6.051
-	0	-	0)	/	46.6088
=	0.00

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.

Permian Basin Royalty Trust Accounts Receivable Related Terms

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

Permian Basin Royalty Trust (Permian Basin Royalty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permian Basin Royalty Trust (NYSE:PBT) » Definitions » Accounts Receivable

Comparable Companies

TK OSG EE TNP NGL SMLP BROG DLNG MMLP IMPP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

N/A

Address

2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219

Website

https://www.pbt-permian.com

Permian Basin Royalty Trust is an express trust. The company's underlying properties include Waddell Ranch Properties in which the trust holds mineral interest as well as royalty interests in mature producing oil fields, such as Yates, Wasson, Sand Hills, East Texas, Kelly-Snyder, Panhandle Regular, N. Cowden, Todd, Keystone, Kermit, McElroy, Howard-Glasscock, Seminole and others across Texas. The company earns revenue in form of royalties received through its properties.

Executives

Burlington Resources Oil & Gas Co Lp

10 percent owner

717 TEXAS AVENUE, SUITE 2100, HOUSTON TX 77002