PTRC (Petro River Oil) Accounts Receivable: $0.09 Mil (As of Oct. 2019)

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PTRC Petro River Oil Corp PTRC
12 GF Score
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What is Petro River Oil Accounts Receivable?

Petro River Oil PTRC -95.00% 12 Accounts Receivable is $0.09 Mil as of Oct. 2019. GuruFocus rates PTRC with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Petro River Oil's accounts receivables for the quarter that ended in Oct. 2019 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Petro River Oil's Days Sales Outstanding for the quarter that ended in Oct. 2019 was 31.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Petro River Oil's Net-Net Working Capital per share for the quarter that ended in Oct. 2019 was $-0.14.

Petro River Oil 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.

Petro River Oil's Days Sales Outstanding for the quarter that ended in Oct. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.094/0.271*91
=31.65

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

Petro River Oil's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2019 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)
=(0.754+0.75 * 0.094+0.5 * 0-2.731
-0-0.616)/18.189
=-0.14

* 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.

Petro River Oil Accounts Receivable Related Terms

Petro River Oil Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Petro River Oil'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.

Petro River Oil Accounts Receivable Chart

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.00 2.13 0.31 0.13

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 0.20 0.12 0.13 0.10 0.09
PTRC
12GF Score
Petro River Oil Corp PTRC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro River Oil 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 $0.09 Mil mean?
Petro River Oil (PTRC) has a Accounts Receivable of $0.09 Mil as of Oct. 2019. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Petro River Oil and its competitors.
Is Petro River Oil's Accounts Receivable too high?
Petro River Oil's current Accounts Receivable is $0.09 Mil. Overall, Petro River Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petro River Oil's Accounts Receivable compare to LRDC and COIL?
Petro River Oil's Accounts Receivable of $0.09 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 Petro River Oil and its competitors. Petro River Oil's current Accounts Receivable is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro River Oil stock overvalued right now?
Petro River Oil (PTRC) has a current Accounts Receivable of $0.09 Mil. The current Accounts Receivable is $0.09 Mil. Petro River Oil's overall GF Score™ is 12/100. 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 Petro River Oil (PTRC), the current Accounts Receivable is $0.09 Mil as of Oct. 2019. 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.

Petro River Oil Business Description

Industry EnergyOil & Gas
Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
12GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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