LNGNF (LNG Energy Group) Change In Receivables: $-0.02 Mil (TTM As of Sep. 2024)

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What is LNG Energy Group Change In Receivables?

LNG Energy Group LNGNF -99.98% Change In Receivables is $-0.02 Mil as of Sep. 2024.

LNG Energy Group's change in receivables for the quarter that ended in Sep. 2024 was $0.00 Mil. It means LNG Energy Group's Accounts Receivable stayed the same from Mar. 2024 to Sep. 2024 .

LNG Energy Group's change in receivables for the fiscal year that ended in May. 2023 was $0.06 Mil. It means LNG Energy Group's Accounts Receivable declined by $0.06 Mil from May. 2022 to May. 2023 .

LNG Energy Group's Accounts Receivable for the quarter that ended in Sep. 2024 was $2.89 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. LNG Energy Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 25.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LNG Energy Group's liquidation value for the three months ended in Sep. 2024 was $-163.38 Mil.

LNG Energy Group  (OTCPK:LNGNF) 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.

LNG Energy Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.887/10.15*91
=25.95

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

LNG Energy Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.497-172.666+0.75 * 2.887+0.5 * 7.25
=-163.38

* 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.

LNG Energy Group Change In Receivables Related Terms

LNG Energy Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for LNG Energy Group'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.

LNG Energy Group Change In Receivables Chart

LNG Energy Group Annual Data
Trend May22 May23
Change In Receivables
-0.01 0.06

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Change In Receivables Get a 7-Day Free Trial 0.00 -0.02 0.00 0.00 0.00

LNG Energy Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 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 $-0.02 Mil mean?
LNG Energy Group (LNGNF) has a Change In Receivables of $-0.02 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for LNG Energy Group and its competitors.
Is LNG Energy Group's Change In Receivables too high?
LNG Energy Group's current Change In Receivables is $-0.02 Mil.
How does LNG Energy Group's Change In Receivables compare to ALTX and CRCE?
LNG Energy Group's Change In Receivables of $-0.02 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 LNG Energy Group and its competitors. LNG Energy Group's current Change In Receivables is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Change In Receivables of $-0.02 Mil. The current Change In Receivables is $-0.02 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 LNG Energy Group (LNGNF), the current Change In Receivables is $-0.02 Mil as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.