Glen Rose Petroleum (Glen Rose Petroleum) Change In Receivables : $-0.15 Mil (TTM As of Dec. 2011)

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What is Glen Rose Petroleum Change In Receivables?

Glen Rose Petroleum's change in receivables for the quarter that ended in Dec. 2011 was $-0.29 Mil. It means Glen Rose Petroleum's Accounts Receivable increased by $0.29 Mil from Sep. 2011 to Dec. 2011 .

Glen Rose Petroleum's change in receivables for the fiscal year that ended in Mar. 2011 was $-0.18 Mil. It means Glen Rose Petroleum's Accounts Receivable increased by $0.18 Mil from Mar. 2010 to Mar. 2011 .

Glen Rose Petroleum's Accounts Receivable for the quarter that ended in Dec. 2011 was $0.32 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. Glen Rose Petroleum's Days Sales Outstanding for the three months ended in Dec. 2011 was 62.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Glen Rose Petroleum's liquidation value for the three months ended in Dec. 2011 was $-16.31 Mil.

Glen Rose Petroleum Change In Receivables Historical Data

The historical data trend for Glen Rose Petroleum'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.

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Glen Rose Petroleum Change In Receivables Chart

Glen Rose Petroleum Annual Data

Trend

Mar02

Mar03

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Change In Receivables

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-0.41

0.47

-0.02

-0.18

Glen Rose Petroleum Quarterly Data
	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11
Change In Receivables	Get a 7-Day Free Trial															-	0.01	0.02	0.11	-0.29

Glen Rose Petroleum 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. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

Glen Rose Petroleum (GREY:GLRP) 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.

Glen Rose Petroleum's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.316	/	0.459	*	91
=	62.82

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

Glen Rose Petroleum's liquidation value for the quarter that ended in Dec. 2011 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.013	-	16.567	+	0.75 * 0.316	+	0.5 * 0.015
=	-16.31

Glen Rose Petroleum Change In Receivables Related Terms

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