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Blue Sky Energy (TSXV:BSI.H) Accounts Receivable : C$0.00 Mil (As of Jan. 2022)


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What is Blue Sky Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Blue Sky Energy's accounts receivables for the quarter that ended in Jan. 2022 was C$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. Blue Sky Energy's Net-Net Working Capital per share for the quarter that ended in Jan. 2022 was C$-0.09.


Blue Sky Energy Accounts Receivable Historical Data

The historical data trend for Blue Sky 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.

Blue Sky Energy Accounts Receivable Chart

Blue Sky Energy Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.02 0.01 0.01 -

Blue Sky Energy Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 - - - - -

Blue Sky Energy Accounts Receivable Calculation

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


Blue Sky 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.

Blue Sky Energy's Days Sales Outstanding for the quarter that ended in Jan. 2022 is calculated as:

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

Blue Sky Energy's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2022 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)
=(0.007+0.75 * 0+0.5 * 0-2.661
-0-0)/30.885
=-0.09

* 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.


Blue Sky Energy Accounts Receivable Related Terms

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Blue Sky Energy (TSXV:BSI.H) Business Description

Traded in Other Exchanges
N/A
Address
65 Queen Street West, Suite 805, 8th Floor, Toronto, ON, CAN, M5H 2M5
Blue Sky Energy Inc is an oil and gas exploration company focused on pursuing the exploration, evaluation, and development of resource assets. It is exploring opportunities in the domestic and international oil and gas sector with a focus on competitive and stable energy jurisdictions.

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