GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Resources Corp (LSE:FRR) » Definitions » Accounts Receivable

Frontera Resources (LSE:FRR) Accounts Receivable : £0.42 Mil (As of Jun. 2018)


View and export this data going back to 2005. Start your Free Trial

What is Frontera Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frontera Resources's accounts receivables for the quarter that ended in Jun. 2018 was £0.42 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frontera Resources's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 55.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frontera Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was £-0.00.


Frontera Resources Accounts Receivable Historical Data

The historical data trend for Frontera Resources'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.

Frontera Resources Accounts Receivable Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.35 0.22 0.35 1.28

Frontera Resources Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.95 0.35 0.47 1.28 0.42

Frontera Resources Accounts Receivable Calculation

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


Frontera Resources 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.

Frontera Resources's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.422/1.378*91
=55.89

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

Frontera Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(0.476+0.75 * 0.422+0.5 * 3.486-45.269
-1.993-0)/15770.8
=-0.00

* 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.


Frontera Resources Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Frontera Resources's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Frontera Resources (LSE:FRR) Business Description

Traded in Other Exchanges
N/A
Address
3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

No Headlines