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UUSAF (Kraken Energy) Accounts Receivable : $0.00 Mil (As of Sep. 2024)


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What is Kraken Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Kraken Energy's accounts receivables for the quarter that ended in Sep. 2024 was $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. Kraken Energy's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.01.


Kraken Energy Accounts Receivable Historical Data

The historical data trend for Kraken 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.

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Kraken Energy Accounts Receivable Chart

Kraken Energy Annual Data
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Kraken Energy Quarterly Data
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Kraken Energy Accounts Receivable Calculation

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


Kraken 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.

Kraken Energy's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

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

Kraken Energy's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(0.505+0.75 * 0+0.5 * 0-0.039
-0-0)/59.616
=0.01

* 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.


Kraken Energy Accounts Receivable Related Terms

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Kraken Energy Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 907, Vancouver, BC, CAN, V6E 2Y3
Kraken Energy Corp is a resource exploration company acquiring and exploring mineral properties. The company project portfolio includes Harts Point, Garfield Hills, Apex Uranium Mine, and Huber Hills. Its geographical segment comprises Canada and the USA.

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