GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SandRidge Permian Trust (OTCPK:PERS) » Definitions » Accounts Receivable

SandRidge Permian Trust (SandRidge Permian Trust) Accounts Receivable : $0.00 Mil (As of Jun. 2021)


View and export this data going back to 2011. Start your Free Trial

What is SandRidge Permian Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SandRidge Permian Trust's accounts receivables for the quarter that ended in Jun. 2021 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SandRidge Permian Trust's Days Sales Outstanding for the quarter that ended in Jun. 2021 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. SandRidge Permian Trust's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $0.13.


SandRidge Permian Trust Accounts Receivable Historical Data

The historical data trend for SandRidge Permian 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.

SandRidge Permian Trust Accounts Receivable Chart

SandRidge Permian Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SandRidge Permian Trust Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 - - - - -

SandRidge Permian Trust Accounts Receivable Calculation

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


SandRidge Permian 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.

SandRidge Permian Trust's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/5.187*91
=0.00

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

SandRidge Permian Trust's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=(12.727+0.75 * 0+0.5 * 0-6
-0-0)/52.5
=0.13

* 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.


SandRidge Permian Trust Accounts Receivable Related Terms

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


SandRidge Permian Trust (SandRidge Permian Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
SandRidge Permian Trust holds a royalty interest in specified oil and natural gas properties in the Permian Basin located in Andrews County, Texas. The properties of royalty interests are located in the greater Fuhrman-Mascho field, Texas that produces primarily oil from the Grayburg/San Andres formation in the Permian Basin. The other properties of the company include Initial Wells and nearly 856 additional wells which are drilled and perforated for completion.
Executives
Montare Resources I, Llc 10 percent owner, other: Member of 10% Group 400 EAST LAS COLINAS BLVD SUITE 680 IRVING TX 75039
Avalon Energy, Llc other: Beneficial ownership 5000 QUORUM DRIVE, SUITE 205 DALLAS TX 75254
Sandridge Energy Inc 10 percent owner 123 ROBERT S. KERR AVENUE OKLAHOMA CITY OK 73102-6406

SandRidge Permian Trust (SandRidge Permian Trust) Headlines