Orca Energy Group (TSXV:ORC.B) Change In Receivables : C$4.3 Mil (TTM As of Dec. 2023)

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What is Orca Energy Group Change In Receivables?

Orca Energy Group's change in receivables for the quarter that ended in Dec. 2023 was C$-9.9 Mil. It means Orca Energy Group's Accounts Receivable increased by C$9.9 Mil from Sep. 2023 to Dec. 2023 .

Orca Energy Group's change in receivables for the fiscal year that ended in Dec. 2023 was C$4.2 Mil. It means Orca Energy Group's Accounts Receivable declined by C$4.2 Mil from Dec. 2022 to Dec. 2023 .

Orca Energy Group's Accounts Receivable for the quarter that ended in Dec. 2023 was C$31.0 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. Orca Energy Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Orca Energy Group's liquidation value for the three months ended in Dec. 2023 was C$-10.5 Mil.

Orca Energy Group Change In Receivables Historical Data

The historical data trend for Orca Energy Group'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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Orca Energy Group Change In Receivables Chart

Orca Energy Group Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.72

-2.07

-14.26

-7.42

4.23

Orca Energy Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.26	7.06	5.31	1.87	-9.91

Orca Energy Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$4.3 Mil.

Orca Energy Group (TSXV:ORC.B) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.03	/	32.799	*	91
=	86.33

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

Orca Energy Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	136.261	-	170.052	+	0.75 * 31.03	+	0.5 * 0
=	-10.5

Orca Energy Group Change In Receivables Related Terms

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Orca Energy Group (TSXV:ORC.B) Business Description

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Address

Haile Selassie Road, Oyster Plaza Building, 5th Floor, P.O. Box 80139, Dar es Salaam, TZA

Website

https://www.orcaenergygroup.com

Orca Energy Group Inc produces and sells natural gas to the power and industrial sectors in Tanzania. The company delivers gas to TPDC through a long-term gas sales agreement to the TPDC-operated National Natural Gas Infrastructure on Songo Songo Island where the natural gas is processed before being transported to Dar es Salaam for power and industrial use. In addition to gas supplied to TPDC, Songas, and TANESCO for the generation of power, the company has developed and supplied an industrial gas market in the Dar es Salaam area.

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