Houston American Energy (FRA:8H6) Change In Receivables: €0.51 Mil (TTM As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:8H6 Houston American Energy Corp FRA:8H6
36 GF Score
Price €1.70
GF Value €7.93
! 5 Warning Signs
View Full Analysis

What is Houston American Energy Change In Receivables?

Houston American Energy FRA:8H6 -5.56% 36 Change In Receivables is €0.51 Mil as of Sep. 2025. GuruFocus rates FRA:8H6 with a GF Score™ of 36/100 and a GF Value™ of €7.93. The stock has 5 warning signs investors should review.

Houston American Energy's change in receivables for the quarter that ended in Sep. 2025 was €0.20 Mil. It means Houston American Energy's Accounts Receivable declined by €0.20 Mil from Jun. 2025 to Sep. 2025 .

Houston American Energy's change in receivables for the fiscal year that ended in Dec. 2024 was €-0.00 Mil. It means Houston American Energy's Accounts Receivable increased by €0.00 Mil from Dec. 2023 to Dec. 2024 .

Houston American Energy's Accounts Receivable for the quarter that ended in Sep. 2025 was €0.03 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. Houston American Energy's Days Sales Outstanding for the three months ended in Sep. 2025 was 13.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Houston American Energy's liquidation value for the three months ended in Sep. 2025 was €-9.20 Mil.

Houston American Energy  (FRA:8H6) 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.

Houston American Energy's Days Sales Outstanding for the quarter that ended in Sep. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.028/0.193*91
=13.24

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

Houston American Energy's liquidation value for the quarter that ended in Sep. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.288-10.513+0.75 * 0.028+0.5 * 0
=-9.20

* 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.

Houston American Energy Change In Receivables Related Terms

Houston American Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for Houston American 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.

Houston American Energy Change In Receivables Chart

Houston American Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.11 0.05 0.10 -0.00

Houston American Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.30 0.27 0.04 0.00 0.20
FRA:8H6
36GF Score
Houston American Energy Corp FRA:8H6
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Houston American 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.51 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 €0.51 Mil mean?
Houston American Energy (FRA:8H6) has a Change In Receivables of €0.51 Mil as of Sep. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Houston American Energy and its competitors.
Is Houston American Energy's Change In Receivables too high?
Houston American Energy's current Change In Receivables is €0.51 Mil. Overall, Houston American Energy has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Houston American Energy's Change In Receivables compare to PVL and EP?
Houston American Energy's Change In Receivables of €0.51 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 Houston American Energy and its competitors. Houston American Energy's current Change In Receivables is €0.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Houston American Energy stock overvalued right now?
Houston American Energy (FRA:8H6) has a current Change In Receivables of €0.51 Mil. The stock's GF Value™ is €7.93, compared to a current price of €1.70 — trading 78.6% below its estimated fair value. The current Change In Receivables is €0.51 Mil. Houston American Energy's overall GF Score™ is 36/100 with 5 warning signs to review. 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 Houston American Energy (FRA:8H6), the current Change In Receivables is €0.51 Mil as of Sep. 2025. 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.

Is Houston American Energy (FRA:8H6) Overvalued in 2026?

Based on GuruFocus' analysis, Houston American Energy stock appears to be undervalued. The current stock price of €1.70 is trading 78.6% below its estimated GF Value™ of €7.93.

Key valuation signals for FRA:8H6:

  • Change In Receivables: €0.51 Mil
  • GF Value™: €7.93 vs. price of €1.70 (78.6% below fair value)
  • GF Score™: 36/100 with 5 warning signs

No single metric tells the full story. See the FRA:8H6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Houston American Energy Business Description

Industry EnergyOil & Gas
Address 801 Travis Street, Suite 1425, Houston, TX, USA, 77002
Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Louisiana, and the South American country of Colombia. Geographically, the company currently has operations in two geographical areas, the United States, from where it derives maximum revenue, and Colombia.
36GF Score

Get the complete analysis for FRA:8H6

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.70
Price
€7.93
GF Value