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United Oil & Gas (FRA:1UO) Change In Receivables : €2.26 Mil (TTM As of Dec. 2023)


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What is United Oil & Gas Change In Receivables?

United Oil & Gas's change in receivables for the quarter that ended in Dec. 2023 was €1.63 Mil. It means United Oil & Gas's Accounts Receivable declined by €1.63 Mil from Jun. 2023 to Dec. 2023 .

United Oil & Gas's change in receivables for the fiscal year that ended in Dec. 2023 was €2.25 Mil. It means United Oil & Gas's Accounts Receivable declined by €2.25 Mil from Dec. 2022 to Dec. 2023 .

United Oil & Gas's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.80 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. United Oil & Gas's liquidation value for the six months ended in Dec. 2023 was €-0.73 Mil.


United Oil & Gas Change In Receivables Historical Data

The historical data trend for United Oil & Gas'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.

* Premium members only.

United Oil & Gas Change In Receivables Chart

United Oil & Gas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -0.06 2.08 -2.01 0.69 2.25

United Oil & Gas Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.22 -0.13 0.82 0.63 1.63

United Oil & Gas 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €2.26 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.


United Oil & Gas  (FRA:1UO) 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.

United Oil & Gas's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.801/-6.941*91
=

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

United Oil & Gas's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.827-3.154+0.75 * 0.801+0.5 * 0
=-0.73

* 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.


United Oil & Gas Change In Receivables Related Terms

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United Oil & Gas Business Description

Traded in Other Exchanges
Address
34-43 Lincoln’s Inn Fields, 2nd Floor, London, GBR, WC2A 3PA
United Oil & Gas PLC is engaged in the production and development exploration for crude oil petroleum and natural gas. The group operates in three geographic areas - the UK, Europe, Latin America, and Egypt. The Egypt segment generates the maximum revenue for the company.

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