LOECF (Logan energy) Accounts Receivable: $13.1 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LOECF Logan energy Corp LOECF
16 GF Score
Price $0.68
GF Value $0.85
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Logan energy Accounts Receivable?

Logan energy LOECF -2.11% 16 Accounts Receivable is $13.1 Mil as of Mar. 2026. GuruFocus rates LOECF with a GF Score™ of 16/100 and a GF Value™ of $0.85 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Logan energy's accounts receivables for the quarter that ended in Mar. 2026 was $13.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Logan energy's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 34.01.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Logan energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.26.


Logan 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.

Logan energy's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.087/35.112*91
=34.01

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

Logan energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(0.047+0.75 * 13.087+0.5 * 0-192.755
-0-0)/691.576
=-0.26

* 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.


Logan energy Accounts Receivable Related Terms


Logan energy Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Logan 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.

Logan energy Accounts Receivable Chart

Logan energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Accounts Receivable
6.45 8.93 6.54 10.88

Logan energy Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.61 12.77 9.66 10.88 13.09
LOECF
16GF Score
Logan energy Corp LOECF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Logan 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 $13.1 Mil mean?
Logan energy (LOECF) has a Accounts Receivable of $13.1 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Logan energy and its competitors.
Is Logan energy's Accounts Receivable too high?
Logan energy's current Accounts Receivable is $13.1 Mil. Overall, Logan energy has a GF Score™ of 16/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Logan energy's Accounts Receivable compare to COP and EOG?
Logan energy's Accounts Receivable of $13.1 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 Logan energy and its competitors. Logan energy's current Accounts Receivable is $13.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logan energy stock overvalued right now?
Based on GuruFocus' analysis, Logan energy (LOECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.85, compared to a current price of $0.68 — trading 20% below its estimated fair value. The current Accounts Receivable is $13.1 Mil. Logan energy's overall GF Score™ is 16/100 with 6 warning signs to review. 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 Logan energy (LOECF), the current Accounts Receivable is $13.1 Mil as of Mar. 2026. 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.

Is Logan energy (LOECF) Overvalued in 2026?

Based on GuruFocus' analysis, Logan energy stock appears to be undervalued. The current stock price of $0.68 is trading 20% below its estimated GF Value™ of $0.85. GuruFocus considers Logan energy to be Modestly Undervalued.

Key valuation signals for LOECF:

  • Accounts Receivable: $13.1 Mil
  • GF Value™: $0.85 vs. price of $0.68 (20% below fair value)
  • GF Score™: 16/100 with 6 warning signs

No single metric tells the full story. See the LOECF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Logan energy Business Description

Industry EnergyOil & Gas
Other Exchanges R76:GermanyLGN:Canada
Address 355 - 4th Avenue S.W, Suite 900, Calgary Place II, Calgary, AB, CAN, T2P 0J1
Logan energy Corp is engaged in the business of exploration, development, and production of crude oil and natural gas properties and assets, focused on the Montney resource trend in the areas of Simonette and Pouce Coupe in northwest Alberta and in the Flatrock area of northeastern British Columbia. The company has also established a position within the greater Kaybob Duverney oil play with assets in the North Simonette, Ante Creek, and Two Creeks areas.
16GF Score

Get the complete analysis for LOECF

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

$0.68
Price
$0.85
GF Value