PrairieSky Royalty (TSX:PSK) Accounts Receivable : C$67.7 Mil (As of Mar. 2025)

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What is PrairieSky Royalty Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PrairieSky Royalty's accounts receivables for the quarter that ended in Mar. 2025 was C$67.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PrairieSky Royalty's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 48.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PrairieSky Royalty's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was C$-2.41.

PrairieSky Royalty Accounts Receivable Historical Data

The historical data trend for PrairieSky Royalty'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.

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PrairieSky Royalty Accounts Receivable Chart

PrairieSky Royalty Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

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28.30

PrairieSky Royalty Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Accounts Receivable	Get a 7-Day Free Trial															66.50	71.80	61.20	-	67.70

PrairieSky Royalty Accounts Receivable Calculation

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

PrairieSky Royalty 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.

PrairieSky Royalty's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	67.7	/	128.1	*	91
=	48.23

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

PrairieSky Royalty's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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	+	0.75 * 67.7	+	0.5 * 0	-	618.1
-	0	-	0)	/	235.536
=	-2.41

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.

PrairieSky Royalty Accounts Receivable Related Terms

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PrairieSky Royalty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Accounts Receivable

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PREKF:USA 7PS:Germany 7PS:Germany

Address

350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9

Website

https://www.prairiesky.com

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

Executives

Andrew Phillips	Senior Officer
Michael Tikal Murphy	Senior Officer
Anuroop Duggal	Director
Margaret Anne Mckenzie	Director
Pamela Pearl Kazeil	Senior Officer
Daniel James Bertram	Senior Officer
Anna Marie Alderson	Director
Leanne M. Bellegarde	Director
Glenn Mcnamara	Director
Robert Edward Robotti	Director
Jane Gavan	Director
Cameron Maclean Proctor	Senior Officer
Myron Maurice Stadnyk	Director
Prairiesky Royalty Ltd.	Issuer
James Estey	Director