PQEFF (Petroteq Energy) Change In Receivables: $0.00 Mil (TTM As of May. 2022)

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What is Petroteq Energy Change In Receivables?

Petroteq Energy PQEFF -90.00% Change In Receivables is $0.00 Mil as of May. 2022.

Petroteq Energy's change in receivables for the quarter that ended in May. 2022 was $0.00 Mil. It means Petroteq Energy's Accounts Receivable stayed the same from Feb. 2022 to May. 2022 .

Petroteq Energy's change in receivables for the fiscal year that ended in Aug. 2021 was $-0.43 Mil. It means Petroteq Energy's Accounts Receivable increased by $0.43 Mil from Aug. 2020 to Aug. 2021 .

Petroteq Energy's Accounts Receivable for the quarter that ended in May. 2022 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Petroteq Energy's liquidation value for the three months ended in May. 2022 was $-9.20 Mil.

Petroteq Energy  (OTCPK:PQEFF) 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.

Petroteq Energy's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.023/0*91
=

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

Petroteq Energy's liquidation value for the quarter that ended in May. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.276-10.543+0.75 * 0.023+0.5 * 0.107
=-9.20

* 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.

Petroteq Energy Change In Receivables Related Terms

Petroteq Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for Petroteq 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.

Petroteq Energy Change In Receivables Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.45 0.23 0.13 -0.43

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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

Petroteq 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 May. 2022 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?
Petroteq Energy (PQEFF) has a Change In Receivables of $0.00 Mil as of May. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Petroteq Energy and its competitors.
Is Petroteq Energy's Change In Receivables too high?
Petroteq Energy's current Change In Receivables is $0.00 Mil.
How does Petroteq Energy's Change In Receivables compare to MMEX and SPOWF?
Petroteq 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 Petroteq Energy and its competitors. Petroteq 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 Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) 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 Petroteq Energy (PQEFF), the current Change In Receivables is $0.00 Mil as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.