GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sino American Oil Co (OTCPK:OILY) » Definitions » Accounts Receivable

Sino American Oil Co (Sino American Oil Co) Accounts Receivable : $0.00 Mil (As of Mar. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Sino American Oil Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sino American Oil Co's accounts receivables for the quarter that ended in Mar. 2023 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. Sino American Oil Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.01.


Sino American Oil Co Accounts Receivable Historical Data

The historical data trend for Sino American Oil Co'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.

Sino American Oil Co Accounts Receivable Chart

Sino American Oil Co Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep19 Sep20 Sep21 Sep22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sino American Oil Co Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Sep19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only - - - - -

Sino American Oil Co Accounts Receivable Calculation

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


Sino American Oil Co 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.

Sino American Oil Co's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

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

Sino American Oil Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 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)
=(0.001+0.75 * 0+0.5 * 0-0.882
-0-0)/134.585
=-0.01

* 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.


Sino American Oil Co Accounts Receivable Related Terms

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


Sino American Oil Co (Sino American Oil Co) Business Description

Traded in Other Exchanges
N/A
Address
2123 Pioneer Avenue, Cheyenne, WY, USA, 82001
Sino American Oil Company is an oil and gas exploration company. It also seeks mergers and acquisitions contracts and commodity trading of hydrocarbon products. The Company is currently negotiating deals with a large exploration area oil field owners in the Western Canadian sedimentary basin. The deals involve oil and gas production acquisitions, mineral land acquisitions, and further production increases through production optimization and drilling activities as well as production infrastructure installations.
Executives
Cameron R Fink director 5190 NEIL ROAD, SUITE 430, RENO NV 89502
Ronald Edward Hughes director, officer: President CFO 347 EVERGREEN WAY, POINT ROBERTS WA 98281
Heather Grant officer: Corporate Secretary 3631 GRANVILLE AVE, RICHMOND A1 V7C1C8
Arne Raabe director, 10 percent owner, officer: President, CFO 88 QUEENS ROAD, HONG KONG K3 999999
Craig Wacaser director 350 SOUTH CENTER STREET, SUITE 500, RENO NV 89501

Sino American Oil Co (Sino American Oil Co) Headlines

From GuruFocus