CRBO (Carbon Energy) Change In Receivables: $2.6 Mil (TTM As of Jun. 2020)

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CRBO Carbon Energy Corp CRBO
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What is Carbon Energy Change In Receivables?

Carbon Energy CRBO +20.00% 12 Change In Receivables is $2.6 Mil as of Jun. 2020. GuruFocus rates CRBO with a GF Score™ of 12/100.

Carbon Energy's change in receivables for the quarter that ended in Jun. 2020 was $0.0 Mil. It means Carbon Energy's Accounts Receivable declined by $0.0 Mil from Mar. 2020 to Jun. 2020 .

Carbon Energy's change in receivables for the fiscal year that ended in Dec. 2019 was $7.6 Mil. It means Carbon Energy's Accounts Receivable declined by $7.6 Mil from Dec. 2018 to Dec. 2019 .

Carbon Energy's Accounts Receivable for the quarter that ended in Jun. 2020 was $1.8 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. Carbon Energy's Days Sales Outstanding for the three months ended in Jun. 2020 was 33.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carbon Energy's liquidation value for the three months ended in Jun. 2020 was $-84.0 Mil.

Carbon Energy  (OTCPK:CRBO) 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.

Carbon Energy's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.846/4.963*91
=33.94

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

Carbon Energy's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.311-86.968+0.75 * 1.846+0.5 * 0.491
=-84.0

* 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.

Carbon Energy Change In Receivables Related Terms

Carbon Energy Change In Receivables Historical Data

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The historical data trend for Carbon Energy'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.

Carbon Energy Change In Receivables Chart

Carbon Energy Annual Data
Trend Mar10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 -2.93 -0.81 0.55 7.62

Carbon Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Change In Receivables 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 1.43 1.45 -1.35 2.52 0.00
CRBO
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Carbon Energy Corp CRBO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Carbon Energy 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 Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.6 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $2.6 Mil mean?
Carbon Energy (CRBO) has a Change In Receivables of $2.6 Mil as of Jun. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Carbon Energy and its competitors.
Is Carbon Energy's Change In Receivables too high?
Carbon Energy's current Change In Receivables is $2.6 Mil. Overall, Carbon Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Carbon Energy's Change In Receivables compare to PRT and CHAP?
Carbon Energy's Change In Receivables of $2.6 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 Change In Receivables for an Oil & Gas company?
A good Change In Receivables depends on the Oil & Gas industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Carbon Energy and its competitors. Carbon Energy's current Change In Receivables is $2.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carbon Energy stock overvalued right now?
Carbon Energy (CRBO) has a current Change In Receivables of $2.6 Mil. The current Change In Receivables is $2.6 Mil. Carbon Energy's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Carbon Energy (CRBO), the current Change In Receivables is $2.6 Mil as of Jun. 2020. 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.

Carbon Energy Business Description

Industry EnergyOil & Gas
Address 200 Union Salvador, Suite 200, Lakewood, CO, USA, 80228
Carbon Energy Corp is an independent natural gas and oil company engaged in the acquisition, exploration, development, and production of oil, natural gas and natural gas liquids properties located in the United States. The company operates in Kentucky, Ohio, Tennessee, Virginia, and West Virginia, California, Illinois, and Indiana.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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