Lonestar Resources US (Lonestar Resources US) Accounts Receivable : $18.8 Mil (As of Jun. 2021)

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What is Lonestar Resources US Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lonestar Resources US's accounts receivables for the quarter that ended in Jun. 2021 was $18.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lonestar Resources US's Days Sales Outstanding for the quarter that ended in Jun. 2021 was 37.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lonestar Resources US's Net-Net Working Capital per share for the quarter that ended in Jun. 2021 was $-13.53.

Lonestar Resources US Accounts Receivable Historical Data

The historical data trend for Lonestar Resources US'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.

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Lonestar Resources US Accounts Receivable Chart

Lonestar Resources US Annual Data

Trend

Jun12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Receivable

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4.68

12.29

15.10

15.99

11.64

Lonestar Resources US Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Accounts Receivable	Get a 7-Day Free Trial															11.68	14.30	11.64	18.84	18.84

Lonestar Resources US Accounts Receivable Calculation

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

Lonestar Resources US 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.

Lonestar Resources US's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.838	/	46.027	*	91
=	37.35

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

Lonestar Resources US's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2021 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)
=	(18.788	+	0.75 * 18.838	+	0.5 * 0	-	377.617
-	0	-	0)	/	25.4802
=	-13.53

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.

Lonestar Resources US Accounts Receivable Related Terms

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Lonestar Resources US (Lonestar Resources US) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lonestar Resources US Inc (OTCPK:LONEQ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 Boland Street, Suite 301, Fort Worth, TX, USA, 76107

Website

https://www.lonestarresources.com

Lonestar Resources US Inc is an oil and natural gas company. It focuses on the acquisition, development, and production of unconventional oil, natural gas liquids, and natural gas in the Eagle Ford Shale in South Texas. The properties in the Eagle Ford are divided into three distinct regions namely the Western Eagle Ford, Central Eagle Ford, and Eastern Eagle Ford. The vast majority of its revenue is generated from oil sales.

Executives

John H Pinkerton	director	3437 W 7TH ST #234, FORT WORTH TX 76107-2718
Barry Schneider	officer: CHIEF OPERATING OFFICER	111 BOLAND STREET, SUITE 300, FORT WORTH TX 76107
Jana Payne	officer: VP - GEOSCIENCE	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Thomas H Olle	officer: VP - RESERVIOR ENGINEERING	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Bracken Frank D Iii	director, officer: CEO	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Jason N Werth	officer: Chief Accounting Officer	600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Gregory R Packer	officer: See Remarks	600 BAILEY AVENUE SUITE 200 FORT WORTH TX 76107
Chambers Energy Capital Iii, Lp	10 percent owner	600 TRAVIS STREET SUITE 4700 HOUSTON TX 77002
Cec Gp, Llc	10 percent owner	C/O CHAMBERS ENERGY MANAGEMENT LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Cec Fund Iii Gp,llc	10 percent owner	C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
John Robert Chambers	10 percent owner	C/O CHAMBERS ENERGY MANAGEMENT, LP 600 TRAVIS STREET, SUITE 4700 HOUSTON TX 77002
Henry Ellis	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen H Oglesby	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Randy L Wolsey	director	111 BOLAND STREET SUITE 300 FORT WORTH TX 76107
Daniel R Lockwood	director	111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107