GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Virtus Oil & Gas Corp (GREY:VOIL) » Definitions » Change In Receivables

Virtus Oil & Gas (Virtus Oil & Gas) Change In Receivables : $0.00 Mil (TTM As of Feb. 2016)


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

What is Virtus Oil & Gas Change In Receivables?

Virtus Oil & Gas's change in receivables for the quarter that ended in Feb. 2016 was $0.00 Mil. It means Virtus Oil & Gas's Accounts Receivable stayed the same from Nov. 2015 to Feb. 2016 .

Virtus Oil & Gas's change in receivables for the fiscal year that ended in Nov. 2015 was $0.00 Mil. It means Virtus Oil & Gas's Accounts Receivable stayed the same from Nov. 2014 to Nov. 2015 .

Virtus Oil & Gas's Accounts Receivable for the quarter that ended in Feb. 2016 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtus Oil & Gas's liquidation value for the three months ended in Feb. 2016 was $-3.40 Mil.


Virtus Oil & Gas Change In Receivables Historical Data

The historical data trend for Virtus Oil & Gas'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.

* Premium members only.

Virtus Oil & Gas Change In Receivables Chart

Virtus Oil & Gas Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15
Change In Receivables
Get a 7-Day Free Trial - - - - -

Virtus Oil & Gas Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
Change In Receivables 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 - - - - -

Virtus Oil & Gas 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 Feb. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


Virtus Oil & Gas  (GREY:VOIL) 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.

Virtus Oil & Gas's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:

2. In Ben Graham's calculation of liquidation value, Virtus Oil & Gas's accounts receivable are only considered to be worth 75% of book value:

Virtus Oil & Gas's liquidation value for the quarter that ended in Feb. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-3.397+0.75 * 0+0.5 * 0
=-3.40

* 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.


Virtus Oil & Gas Change In Receivables Related Terms

Thank you for viewing the detailed overview of Virtus Oil & Gas's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Oil & Gas (Virtus Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1517 San Jacinto Street, Houston, TX, USA, 77002
Virtus Oil & Gas Corp is an oil and gas exploration and development company. It is focused on the acquisition and exploration of oil and natural gas properties. The company operates Tin Cup Mesa Unit and Squaw Canyon, which are located in the Paradox Basin producing in the Upper Ismay formation. Its properties are located at in Iron County in southern Utah of the United States.

Virtus Oil & Gas (Virtus Oil & Gas) Headlines

From GuruFocus

A Closer Look at Virtus Oil and Gas

By George Ronan George Ronan 07-31-2014

Virtus Oil and Gas – A Punt On An Old School Oil Exploration Play

By Emerging Opportunities Emerging Opportunities 07-20-2014

Virtus Oil and Gas Releases Financials With $14 Million in Assets

By Marketwired Marketwired 04-19-2018