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Wolf Energy Services (Wolf Energy Services) Accounts Receivable : $0.12 Mil (As of Jun. 2023)


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What is Wolf Energy Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Wolf Energy Services's accounts receivables for the quarter that ended in Jun. 2023 was $0.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Wolf Energy Services's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 4.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Wolf Energy Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.05.


Wolf Energy Services Accounts Receivable Historical Data

The historical data trend for Wolf Energy Services'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.

Wolf Energy Services Accounts Receivable Chart

Wolf Energy Services Annual Data
Trend Mar22 Mar23
Accounts Receivable
0.16 0.15

Wolf Energy Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Accounts Receivable Get a 7-Day Free Trial - 0.19 0.05 0.15 0.12

Wolf Energy Services Accounts Receivable Calculation

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


Wolf Energy Services 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.

Wolf Energy Services's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.116/2.344*91
=4.52

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

Wolf Energy Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 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)
=(0.167+0.75 * 0.116+0.5 * 0-3.955
-0-0)/78.2683
=-0.05

* 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.


Wolf Energy Services Accounts Receivable Related Terms

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Wolf Energy Services (Wolf Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
408 State Highway 135N, Kilgore, TX, USA, 75662
Wolf Energy Services Inc, through its wholly-owned subsidiary, provides transportation of frac sand and logistics services to hydraulic fracturing and drilling operations. Capstone procures and finances equipment for oilfield transportation service contractors. It operates in the transportation and logistics services business serving hydraulic fracking companies and assisting in their operations through Banner. The Company operates through Banner Midstream which has two operating subsidiaries: Pinnacle Frac Transport LLC and Capstone Equipment Leasing LLC.
Executives
Jay M. Puchir officer: CEO & President of Subsidiary 3333 PINNACLE HILLS PARKWAY, SUITE 220, ROGERS AR 72758
Jimmy Ray Galla director, officer: CEO and CFO 408 STATE HWY 135N, KILGORE TX 75662
Ecoark Holdings, Inc. 10 percent owner 303 PEARL PARKWAY SUITE 200, SAN ANTONIO TX 78215
Jimmy Don Reedy director 303 PEARL PARKWAY, SUITE 200, SAN ANTONIO TX 78215
Raynard Veldman director 2011 ROYAL CREST, MANSFIELD TX 76063
Adele Dibella 10 percent owner 3500 BAYVIEW DRIVE, FT. LAUDERDALE FL 33308
John Dibella director, officer: Chief Executive Officer 821 NW 57TH PLACE, FORT LAUDERDALE FL 33309
Alberto Dibella director, 10 percent owner, officer: Chief Executive Officer 3500 BAYVIEW DRIVE, FORT LAUDERDALE FL 33301

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