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Aurelian Oil & Gas (LSE:AUL) Accounts Receivable : £0.00 Mil (As of Jun. 2012)


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What is Aurelian Oil & Gas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aurelian Oil & Gas's accounts receivables for the quarter that ended in Jun. 2012 was £0.00 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. Aurelian Oil & Gas's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was £N/A.


Aurelian Oil & Gas Accounts Receivable Historical Data

The historical data trend for Aurelian Oil & Gas'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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Aurelian Oil & Gas Accounts Receivable Chart

Aurelian Oil & Gas Annual Data
Trend Nov03 Nov04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
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Aurelian Oil & Gas Quarterly Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
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Aurelian Oil & Gas Accounts Receivable Calculation

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


Aurelian Oil & Gas 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.

Aurelian Oil & Gas's Days Sales Outstanding for the quarter that ended in Jun. 2012 is calculated as:

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

Aurelian Oil & Gas's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2012 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)
=(41.457+0.75 * 0+0.5 * 1.744-6.981
-0-0)/0
=N/A

* 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.


Aurelian Oil & Gas Accounts Receivable Related Terms

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Aurelian Oil & Gas (LSE:AUL) Business Description

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