CMNR (Commerce Energy Group) Change In Receivables : $54.6 Mil (TTM As of Apr. 2009)

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What is Commerce Energy Group Change In Receivables?

Commerce Energy Group's change in receivables for the quarter that ended in Apr. 2009 was $0.0 Mil. It means Commerce Energy Group's Accounts Receivable stayed the same from Jan. 2009 to Apr. 2009 .

Commerce Energy Group's change in receivables for the fiscal year that ended in Jul. 2008 was $-40.2 Mil. It means Commerce Energy Group's Accounts Receivable increased by $40.2 Mil from Jul. 2007 to Jul. 2008 .

Commerce Energy Group's Accounts Receivable for the quarter that ended in Apr. 2009 was $0.0 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Commerce Energy Group's liquidation value for the three months ended in Apr. 2009 was $0.0 Mil.

Commerce Energy Group Change In Receivables Historical Data

The historical data trend for Commerce Energy Group's Change In Receivables 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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Commerce Energy Group Change In Receivables Chart

Commerce Energy Group Annual Data

Trend

Jul00

Jul01

Jul02

Jul03

Jul04

Jul05

Jul06

Jul07

Jul08

Change In Receivables

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4.99

1.10

-5.62

-38.75

-40.21

Commerce Energy Group Quarterly Data
	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09
Change In Receivables	Get a 7-Day Free Trial															8.71	-31.38	22.83	63.19	-

Commerce Energy Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Apr. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $54.6 Mil.

Commerce Energy Group (OTCPK:CMNR) Change In Receivables 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 Receivable are being managed.

Commerce Energy Group's Days Sales Outstanding for the quarter that ended in Apr. 2009 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, Commerce Energy Group's accounts receivable are only considered to be worth 75% of book value:

Commerce Energy Group's liquidation value for the quarter that ended in Apr. 2009 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0	+	0.75 * 0	+	0.5 * 0
=	0.0

Commerce Energy Group Change In Receivables Related Terms

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Commerce Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Commerce Energy Group Inc (OTCPK:CMNR) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626

Website

http://www.commerceenergy.com

Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.

Executives

C Douglas Mitchell	officer: Chief Financial Officer	600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd.	10 percent owner	50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p.	10 percent owner	C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc	10 percent owner	400 S. MCCADDEN PL., LOS ANGELES CA 90020

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