Circle Energy (Circle Energy) Change In Receivables : $0.00 Mil (TTM As of Mar. 2024)

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What is Circle Energy Change In Receivables?

Circle Energy's change in receivables for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Circle Energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Circle Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Circle Energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Circle Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.00 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. Circle Energy's liquidation value for the three months ended in Mar. 2024 was $0.23 Mil.

Circle Energy Change In Receivables Historical Data

The historical data trend for Circle 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.

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Circle Energy Change In Receivables Chart

Circle Energy Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

Circle Energy Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial				-	-	-	-	-

Circle 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Circle Energy (OTCPK:CRCE) 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.

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

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

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

Circle Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.252	-	0.018	+	0.75 * 0	+	0.5 * 0
=	0.23

Circle Energy Change In Receivables Related Terms

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Circle Energy (Circle Energy) Business Description

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Address

8211 E Regal Place, Tulsa, OK, USA, 74133

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Circle Energy Inc is engaged primarily in the acquisition, exploration and development of oil and natural gas properties. The Company owns interests in oil and natural gas properties located in Texas.

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