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EFLO Energy (EFLO Energy) Accounts Receivable : $0.43 Mil (As of May. 2015)


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What is EFLO Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. EFLO Energy's accounts receivables for the quarter that ended in May. 2015 was $0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. EFLO Energy's Net-Net Working Capital per share for the quarter that ended in May. 2015 was $-0.69.


EFLO Energy Accounts Receivable Historical Data

The historical data trend for EFLO 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.

EFLO Energy Accounts Receivable Chart

EFLO Energy Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Accounts Receivable
Get a 7-Day Free Trial - - 0.30 0.91 1.59

EFLO Energy Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 1.44 1.59 1.59 1.29 0.43

EFLO Energy Accounts Receivable Calculation

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


EFLO 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.

EFLO Energy's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.426/0*91
=

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

EFLO Energy's Net-Net Working Capital Per Share for the quarter that ended in May. 2015 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)
=(0.012+0.75 * 0.426+0.5 * 0-24.285
-0-0)/34.8357
=-0.69

* 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.


EFLO Energy Accounts Receivable Related Terms

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EFLO Energy (EFLO Energy) Business Description

Traded in Other Exchanges
N/A
Address
EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.
Executives
Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

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