Brooge Energy (FRA:3SF) Accounts Receivable: €3.07 Mil (As of Dec. 2024)

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FRA:3SF Brooge Energy Ltd FRA:3SF
16 GF Score
Price €2.22
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What is Brooge Energy Accounts Receivable?

Brooge Energy FRA:3SF 16 Accounts Receivable is €3.07 Mil as of Dec. 2024. GuruFocus rates FRA:3SF with a GF Score™ of 16/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brooge Energy's accounts receivables for the quarter that ended in Dec. 2024 was €3.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brooge Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 12.69.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brooge Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was €-3.56.

Brooge 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.

Brooge Energy's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.071/44.154*91
=12.69

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

Brooge Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=(12.842+0.75 * 3.071+0.5 * 0.341-405.332
-0-0)/109.588
=-3.56

* 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.

Brooge Energy Accounts Receivable Related Terms

Brooge Energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Brooge 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.

Brooge Energy Accounts Receivable Chart

Brooge Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial 0.00 3.34 4.98 0.04 3.07

Brooge Energy Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.98 15.97 0.04 0.01 3.07
FRA:3SF
16GF Score
Brooge Energy Ltd FRA:3SF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Brooge Energy Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of €3.07 Mil mean?
Brooge Energy (FRA:3SF) has a Accounts Receivable of €3.07 Mil as of Dec. 2024. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Brooge Energy and its competitors.
Is Brooge Energy's Accounts Receivable too high?
Brooge Energy's current Accounts Receivable is €3.07 Mil. Overall, Brooge Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Brooge Energy's Accounts Receivable compare to CWPE and WMB?
Brooge Energy's Accounts Receivable of €3.07 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Brooge Energy and its competitors. Brooge Energy's current Accounts Receivable is €3.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brooge Energy stock overvalued right now?
Brooge Energy (FRA:3SF) has a current Accounts Receivable of €3.07 Mil. The current Accounts Receivable is €3.07 Mil. Brooge Energy's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Brooge Energy (FRA:3SF), the current Accounts Receivable is €3.07 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Brooge Energy Business Description

Industry EnergyOil & Gas
Address c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE
Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from its only one reportable segment which is oil storage and related services.
16GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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