GASE (GASE Energy) Change In Receivables: $-0.01 Mil (TTM As of Sep. 2014)


What is GASE Energy Change In Receivables?

GASE Energy GASE -99.00% Change In Receivables is $-0.01 Mil as of Sep. 2014.

GASE Energy's change in receivables for the quarter that ended in Sep. 2014 was $-0.01 Mil. It means GASE Energy's Accounts Receivable increased by $0.01 Mil from Jun. 2014 to Sep. 2014 .

GASE Energy's change in receivables for the fiscal year that ended in Dec. 2013 was $0.02 Mil. It means GASE Energy's Accounts Receivable declined by $0.02 Mil from Dec. 2012 to Dec. 2013 .

GASE Energy's Accounts Receivable for the quarter that ended in Sep. 2014 was $0.02 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. GASE Energy's Days Sales Outstanding for the three months ended in Sep. 2014 was 25.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GASE Energy's liquidation value for the three months ended in Sep. 2014 was $-0.60 Mil.

GASE Energy  (OTCPK:GASE) 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.

GASE Energy's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.016/0.057*91
=25.61

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

GASE Energy's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.022-0.646+0.75 * 0.016+0.5 * 0.022
=-0.60

* 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.

GASE Energy Change In Receivables Related Terms

GASE Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for GASE 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.

GASE Energy Change In Receivables Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Change In Receivables
0.00 -0.01 0.02

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.00 0.00 -0.01 0.00 -0.01

GASE 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 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 $-0.01 Mil mean?
GASE Energy (GASE) has a Change In Receivables of $-0.01 Mil as of Sep. 2014. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for GASE Energy and its competitors.
Is GASE Energy's Change In Receivables too high?
GASE Energy's current Change In Receivables is $-0.01 Mil.
How does GASE Energy's Change In Receivables compare to CWNOF and FPTA?
GASE Energy's Change In Receivables of $-0.01 Mil can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Change In Receivables depends on the Diversified Financial Services 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 GASE Energy and its competitors. GASE Energy's current Change In Receivables is $-0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GASE Energy stock overvalued right now?
GASE Energy (GASE) has a current Change In Receivables of $-0.01 Mil. The current Change In Receivables is $-0.01 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 GASE Energy (GASE), the current Change In Receivables is $-0.01 Mil as of Sep. 2014. 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.

GASE Energy Business Description