Seven Generations Energy (TSX:VII) Accounts Receivable : C$289 Mil (As of Dec. 2020)

View and export this data going back to 2014. Start your Free Trial

What is Seven Generations Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seven Generations Energy's accounts receivables for the quarter that ended in Dec. 2020 was C$289 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seven Generations Energy's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 34.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seven Generations Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was C$-7.26.

Seven Generations Energy Accounts Receivable Historical Data

The historical data trend for Seven Generations Energy'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.

Seven Generations Energy Accounts Receivable Chart

Seven Generations Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Accounts Receivable

Get a 7-Day Free Trial

180.30

265.30

231.60

282.00

288.70

Seven Generations Energy Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Accounts Receivable	Get a 7-Day Free Trial															282.00	176.60	197.30	197.10	288.70

Seven Generations Energy Accounts Receivable Calculation

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

Seven Generations Energy 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.

Seven Generations Energy's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	288.7	/	757.1	*	91
=	34.80

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

Seven Generations Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=	(4.7	+	0.75 * 288.7	+	0.5 * 0	-	2641.2
-	0	-	0)	/	333.4
=	-7.26

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.

Seven Generations Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Seven Generations Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Seven Generations Energy (TSX:VII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seven Generations Energy Ltd (TSX:VII) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 - 8 Avenue SW, Suite 4400, Eighth Avenue Place East, Calgary, AB, CAN, T2P 1G1

Website

http://www.7genergy.com

Seven Generations Energy Ltd is an independent energy company focused on the acquisition, development, and optimization of high-quality, tight rock, natural gas resource plays. The company employs long-reach and horizontal drilling to produce resources of natural gas, condensate, and natural gas liquids. In addition to drilling operations, Seven Generations owns several gathering lines and processing facilities. The company depends on a skilled technical and business team to identify, capture, develop, and catalyze production from resource plays.