MRGE (Mirage Energy) Change In Receivables: $0.00 Mil (TTM As of Jul. 2021)

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What is Mirage Energy Change In Receivables?

Mirage Energy MRGE Change In Receivables is $0.00 Mil as of Jul. 2021.

Mirage Energy's change in receivables for the quarter that ended in Jul. 2021 was $0.00 Mil. It means Mirage Energy's Accounts Receivable stayed the same from Apr. 2021 to Jul. 2021 .

Mirage Energy's change in receivables for the fiscal year that ended in Jul. 2021 was $0.00 Mil. It means Mirage Energy's Accounts Receivable stayed the same from Jul. 2020 to Jul. 2021 .

Mirage Energy's Accounts Receivable for the quarter that ended in Jul. 2021 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mirage Energy's liquidation value for the three months ended in Jul. 2021 was $-3.13 Mil.

Mirage Energy  (OTCPK:MRGE) 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.

Mirage Energy's Days Sales Outstanding for the quarter that ended in Jul. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0*91
=

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

Mirage Energy's liquidation value for the quarter that ended in Jul. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.099-3.226+0.75 * 0+0.5 * 0
=-3.13

* 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.

Mirage Energy Change In Receivables Related Terms

Mirage Energy Change In Receivables Historical Data

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The historical data trend for Mirage 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.

Mirage Energy Change In Receivables Chart

Mirage Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Mirage Energy Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 0.00 0.00 0.00 0.00 0.00

Mirage 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 Jul. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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 $0.00 Mil mean?
Mirage Energy (MRGE) has a Change In Receivables of $0.00 Mil as of Jul. 2021. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mirage Energy and its competitors.
Is Mirage Energy's Change In Receivables too high?
Mirage Energy's current Change In Receivables is $0.00 Mil.
How does Mirage Energy's Change In Receivables compare to EPD and WMB?
Mirage Energy's Change In Receivables of $0.00 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 Mirage Energy and its competitors. Mirage Energy's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirage Energy stock overvalued right now?
Mirage Energy (MRGE) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 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 Mirage Energy (MRGE), the current Change In Receivables is $0.00 Mil as of Jul. 2021. 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.

Mirage Energy Business Description

Industry EnergyOil & Gas
Address 900 Isom Road, Suite 306, San Antonio, TX, USA, 78216
Mirage Energy Corp develops an integrated natural gas transportation and storage facility in Mexico and the United States. The natural gas will be exported from the United States by pipeline to the Mexican storage unit for later distribution throughout Mexico.