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Hydrocarbon Dynamics (Hydrocarbon Dynamics) Accounts Receivable : $0.08 Mil (As of Dec. 2023)


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What is Hydrocarbon Dynamics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hydrocarbon Dynamics's accounts receivables for the quarter that ended in Dec. 2023 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hydrocarbon Dynamics's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 60.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hydrocarbon Dynamics's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.00.


Hydrocarbon Dynamics Accounts Receivable Historical Data

The historical data trend for Hydrocarbon Dynamics'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.

Hydrocarbon Dynamics Accounts Receivable Chart

Hydrocarbon Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.11 0.01 0.03 0.08

Hydrocarbon Dynamics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.01 0.08 0.03 0.02 0.08

Hydrocarbon Dynamics Accounts Receivable Calculation

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


Hydrocarbon Dynamics 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.

Hydrocarbon Dynamics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.084/0.255*91
=60.12

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

Hydrocarbon Dynamics's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.652+0.75 * 0.084+0.5 * 0.175-0.151
-0-0)/769.666
=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.


Hydrocarbon Dynamics Accounts Receivable Related Terms

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Hydrocarbon Dynamics (Hydrocarbon Dynamics) Business Description

Traded in Other Exchanges
Address
412 Collins Street, Level 6, Melbourne, VIC, AUS, 3000
Hydrocarbon Dynamics Ltd is a provider of Oil and Gas production chemicals. It is engaged in the sales and marketing of its proprietary products as well as the evaluation of oil projects in North America and internationally. It has two operating segment Exploration division, Chemical division. The exploration division comprises the exploration, development, and production of oil and gas projects in the United states, and the Chemical division comprises clean oil technology and business (HCD) around the world.

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