ENGY (Central Energy Partners LP) Change In Receivables: $0.22 Mil (TTM As of Jun. 2015)

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What is Central Energy Partners LP Change In Receivables?

Central Energy Partners LP ENGY Change In Receivables is $0.22 Mil as of Jun. 2015.

Central Energy Partners LP's change in receivables for the quarter that ended in Jun. 2015 was $0.07 Mil. It means Central Energy Partners LP's Accounts Receivable declined by $0.07 Mil from Mar. 2015 to Jun. 2015 .

Central Energy Partners LP's change in receivables for the fiscal year that ended in Dec. 2014 was $0.02 Mil. It means Central Energy Partners LP's Accounts Receivable declined by $0.02 Mil from Dec. 2013 to Dec. 2014 .

Central Energy Partners LP's Accounts Receivable for the quarter that ended in Jun. 2015 was $0.20 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. Central Energy Partners LP's Days Sales Outstanding for the three months ended in Jun. 2015 was 25.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Central Energy Partners LP's liquidation value for the three months ended in Jun. 2015 was $-9.02 Mil.

Central Energy Partners LP (OTCPK:ENGY) 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.

Central Energy Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.195	/	0.686	*	91
=	25.94

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

Central Energy Partners LP's liquidation value for the quarter that ended in Jun. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.087	-	9.258	+	0.75 * 0.195	+	0.5 * 0
=	-9.02

* 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.

Central Energy Partners LP Change In Receivables Related Terms

Central Energy Partners LP Change In Receivables Historical Data

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The historical data trend for Central Energy Partners LP's Change In Receivables can be seen below:

Central Energy Partners LP Change In Receivables Chart

Central Energy Partners LP Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Change In Receivables

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-0.18

0.20

-0.09

0.34

0.02

Central Energy Partners LP Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Change In Receivables	Get a 7-Day Free Trial															0.04	0.08	0.03	0.07	0.00

Central Energy Partners LP 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.22 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $0.22 Mil mean?

Central Energy Partners LP (ENGY) has a Change In Receivables of $0.22 Mil as of Jun. 2015. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Central Energy Partners LP and its competitors.

Is Central Energy Partners LP's Change In Receivables too high?

Central Energy Partners LP's current Change In Receivables is $0.22 Mil.

How does Central Energy Partners LP's Change In Receivables compare to PGAS and SNMP?

Central Energy Partners LP's Change In Receivables of $0.22 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 Central Energy Partners LP and its competitors. Central Energy Partners LP's current Change In Receivables is $0.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Central Energy Partners LP stock overvalued right now?

Central Energy Partners LP (ENGY) has a current Change In Receivables of $0.22 Mil. The current Change In Receivables is $0.22 Mil. 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 Central Energy Partners LP (ENGY), the current Change In Receivables is $0.22 Mil as of Jun. 2015. 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.

Central Energy Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies PGAS SNMP MRGE SGX:5PD BSE:OIL HKSE:08117 BKEP HKSE:00681 ASX:MTN DLNG ASX:LNG SGX:C9Q TSXV:MCR NNA USWS GASS OSG OSL:SIOFF BSE:COTE MMLP

Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205

Website http://www.centralenergylp.com

Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.