GLRI (Glori Energy) Change In Receivables: $0.86 Mil (TTM As of Dec. 2016)

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What is Glori Energy Change In Receivables?

Glori Energy GLRI Change In Receivables is $0.86 Mil as of Dec. 2016.

Glori Energy's change in receivables for the quarter that ended in Dec. 2016 was $0.20 Mil. It means Glori Energy's Accounts Receivable declined by $0.20 Mil from Sep. 2016 to Dec. 2016 .

Glori Energy's change in receivables for the fiscal year that ended in Dec. 2016 was $0.86 Mil. It means Glori Energy's Accounts Receivable declined by $0.86 Mil from Dec. 2015 to Dec. 2016 .

Glori Energy's Accounts Receivable for the quarter that ended in Dec. 2016 was $0.60 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. Glori Energy's Days Sales Outstanding for the three months ended in Dec. 2016 was 57.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Glori Energy's liquidation value for the three months ended in Dec. 2016 was $-12.38 Mil.

Glori Energy  (OTCPK:GLRI) 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.

Glori Energy's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.596/0.945*91
=57.55

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

Glori Energy's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.52-13.345+0.75 * 0.596+0.5 * 0
=-12.38

* 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.

Glori Energy Change In Receivables Related Terms

Glori Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for Glori 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.

Glori Energy Change In Receivables Chart

Glori Energy Annual Data
Trend Mar12 Mar13 Mar14 Dec15 Dec16
Change In Receivables
0.00 0.00 0.00 -0.14 0.86

Glori Energy Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -0.25 0.52 0.08 0.07 0.20

Glori 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.86 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 $0.86 Mil mean?
Glori Energy (GLRI) has a Change In Receivables of $0.86 Mil as of Dec. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Glori Energy and its competitors.
Is Glori Energy's Change In Receivables too high?
Glori Energy's current Change In Receivables is $0.86 Mil.
How does Glori Energy's Change In Receivables compare to ALYE and FOSI?
Glori Energy's Change In Receivables of $0.86 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 Glori Energy and its competitors. Glori Energy's current Change In Receivables is $0.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glori Energy stock overvalued right now?
Glori Energy (GLRI) has a current Change In Receivables of $0.86 Mil. The current Change In Receivables is $0.86 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 Glori Energy (GLRI), the current Change In Receivables is $0.86 Mil as of Dec. 2016. 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.

Glori Energy Business Description

Address 957 Nasa Parkway, Suite 571, Houston, TX, USA, 77058
Glori Energy Inc is a development stage company.