Decimus Oil (TSXV:WCSB) Accounts Receivable: C$0.20 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:WCSB Decimus Oil Corp TSXV:WCSB
31 GF Score
Price C$0.14
GF Value C$0.07
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Decimus Oil Accounts Receivable?

Decimus Oil TSXV:WCSB +8.00% 31 Accounts Receivable is C$0.20 Mil as of Mar. 2026. GuruFocus rates TSXV:WCSB with a GF Score™ of 31/100 and a GF Value™ of C$0.07 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Decimus Oil's accounts receivables for the quarter that ended in Mar. 2026 was C$0.20 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Decimus Oil's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 29.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Decimus Oil's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was C$-0.15.


Decimus 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.

Decimus Oil's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.199/0.615*91
=29.53

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

Decimus Oil's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(0.115+0.75 * 0.199+0.5 * 0-7.145
-0-0)/44.614
=-0.15

* 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.


Decimus Oil Accounts Receivable Related Terms


Decimus Oil Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Decimus 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.

Decimus Oil Accounts Receivable Chart

Decimus Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.24 0.23 0.19 0.11

Decimus Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.21 0.17 0.15 0.11 0.20
TSXV:WCSB
31GF Score
Decimus Oil Corp TSXV:WCSB
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Decimus 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 C$0.20 Mil mean?
Decimus Oil (TSXV:WCSB) has a Accounts Receivable of C$0.20 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Decimus Oil and its competitors.
Is Decimus Oil's Accounts Receivable too high?
Decimus Oil's current Accounts Receivable is C$0.20 Mil. Overall, Decimus Oil has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Decimus Oil's Accounts Receivable compare to COP and EOG?
Decimus Oil's Accounts Receivable of C$0.20 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 Decimus Oil and its competitors. Decimus Oil's current Accounts Receivable is C$0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Decimus Oil stock overvalued right now?
Based on GuruFocus' analysis, Decimus Oil (TSXV:WCSB) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.07, compared to a current price of C$0.14 — trading 92.9% above its estimated fair value. The current Accounts Receivable is C$0.20 Mil. Decimus Oil's overall GF Score™ is 31/100 with 3 warning signs to review. 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 Decimus Oil (TSXV:WCSB), the current Accounts Receivable is C$0.20 Mil as of Mar. 2026. 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.

Is Decimus Oil (TSXV:WCSB) Overvalued in 2026?

Based on GuruFocus' analysis, Decimus Oil stock appears to be overvalued. The current stock price of C$0.14 is trading 92.9% above its estimated GF Value™ of C$0.07. GuruFocus considers Decimus Oil to be Significantly Overvalued.

Key valuation signals for TSXV:WCSB:

  • Accounts Receivable: C$0.20 Mil
  • GF Value™: C$0.07 vs. price of C$0.14 (92.9% above fair value)
  • GF Score™: 31/100 with 3 warning signs

No single metric tells the full story. See the TSXV:WCSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Decimus Oil Business Description

Industry EnergyOil & Gas
Address No. 188 15th Avenue S.W, No. 2003, Calgary, AB, CAN, T2R 1S4
Decimus Oil Corp is engaged in the acquisition, development and production of oil and gas in the Western Canadian Sedimentary Basin. The company is focused on Mannville development in Southern Alberta where it's advancing its low-risk acquisition plans, paired with deploying modern completion techniques to expose its underexploited drilling opportunities to unlock resource in place.
31GF Score

Get the complete analysis for TSXV:WCSB

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

C$0.14
Price
C$0.07
GF Value