ZEFIF (Zefiro Methane) Accounts Receivable : $5.39 Mil (As of Dec. 2024)

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What is Zefiro Methane Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zefiro Methane's accounts receivables for the quarter that ended in Dec. 2024 was $5.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Zefiro Methane's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 65.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zefiro Methane's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.20.

Zefiro Methane Accounts Receivable Historical Data

The historical data trend for Zefiro Methane'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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Zefiro Methane Accounts Receivable Chart

Zefiro Methane Annual Data

Trend

Jun22

Jun23

Jun24

Accounts Receivable

5.75

7.63

Zefiro Methane Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial							6.00	6.47	7.63	8.34	5.39

Zefiro Methane Accounts Receivable Calculation

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

Zefiro Methane 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.

Zefiro Methane's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.392	/	7.482	*	91
=	65.76

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

Zefiro Methane's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(0.282	+	0.75 * 5.392	+	0.5 * 0	-	19.235
-	0	-	0)	/	73.230
=	-0.20

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.

Zefiro Methane Accounts Receivable Related Terms

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Zefiro Methane Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Zefiro Methane Corp (OTCPK:ZEFIF) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

Y6B:Germany ZEFI:Canada

Address

2501 - 550 Burrard Street, Vancouver, BC, CAN, V6C 2B5

Website

https://www.zefiromethane.com

Zefiro Methane Corp provides end-of-life solutions for industrial oil and gas operations that emit harmful greenhouse gas (GHG) emissions, specifically methane released from orphaned and abandoned oil and gas wells or associated midstream assets. It generates carbon credits, which can then be sold into carbon credit markets, by reducing methane emissions through the plugging of orphaned and abandoned oil and gas wells. Its services include methane testing, quantification, and monitoring, asset retirement and methane abatement, and carbon offset generation among others. It has a single segment, being the provider of a range of turnkey solutions to plug onshore oil and gas wells across the Appalachian Basin. It operates in the United States which generates all of its revenue, and Canada.