MKGP (Maverick Energy Group) Accounts Receivable: $0.00 Mil (As of . 20)

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What is Maverick Energy Group Accounts Receivable?

Maverick Energy Group MKGP Accounts Receivable is $0.00 Mil as of . 20.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Maverick Energy Group's accounts receivables for the quarter that ended in . 20 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. Maverick Energy Group's Net-Net Working Capital per share for the quarter that ended in . 20 was $N/A.

Maverick Energy Group 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.

Maverick Energy Group's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Maverick Energy Group's Net-Net Working Capital Per Share for the quarter that ended in . 20 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)
=(+0.75 * +0.5 * -N/A
--)/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.

Maverick Energy Group Accounts Receivable Related Terms

Maverick Energy Group Accounts Receivable Historical Data

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The historical data trend for Maverick Energy Group'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.

Maverick Energy Group Accounts Receivable Chart

Maverick Energy Group Annual Data
Trend
Accounts Receivable

Maverick Energy Group Quarterly Data
Accounts Receivable

Maverick Energy Group 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 $0.00 Mil mean?
Maverick Energy Group (MKGP) has a Accounts Receivable of $0.00 Mil as of . 20. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Maverick Energy Group and its competitors.
Is Maverick Energy Group's Accounts Receivable too high?
Maverick Energy Group's current Accounts Receivable is $0.00 Mil.
How does Maverick Energy Group's Accounts Receivable compare to JKXOY and BRZV?
Maverick Energy Group's Accounts Receivable of $0.00 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 Maverick Energy Group and its competitors. Maverick Energy Group's current Accounts Receivable is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Energy Group stock overvalued right now?
Maverick Energy Group (MKGP) has a current Accounts Receivable of $0.00 Mil. The current Accounts Receivable is $0.00 Mil. 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 Maverick Energy Group (MKGP), the current Accounts Receivable is $0.00 Mil as of . 20. 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.

Maverick Energy Group Business Description

Industry EnergyOil & Gas
Address 12850 Highway 9 North, Suite 600-462, Alpharetta, GA, USA, 30004
Maverick Energy Group Ltd acquires, develops, operates, and manages oil and gas assets on the North American continent. The company operates its four wells in Doddridge and Harrison County, West Virginia as well as small producing wells in Caldwell and Frio County, Texas.