PTRC (Petro River Oil) Change In Receivables: $0.10 Mil (TTM As of Oct. 2019)

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PTRC Petro River Oil Corp PTRC
12 GF Score
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What is Petro River Oil Change In Receivables?

Petro River Oil PTRC -95.00% 12 Change In Receivables is $0.10 Mil as of Oct. 2019. GuruFocus rates PTRC with a GF Score™ of 12/100.

Petro River Oil's change in receivables for the quarter that ended in Oct. 2019 was $0.01 Mil. It means Petro River Oil's Accounts Receivable declined by $0.01 Mil from Jul. 2019 to Oct. 2019 .

Petro River Oil's change in receivables for the fiscal year that ended in Apr. 2019 was $0.18 Mil. It means Petro River Oil's Accounts Receivable declined by $0.18 Mil from Apr. 2018 to Apr. 2019 .

Petro River Oil's Accounts Receivable for the quarter that ended in Oct. 2019 was $0.09 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. Petro River Oil's Days Sales Outstanding for the three months ended in Oct. 2019 was 31.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Petro River Oil's liquidation value for the three months ended in Oct. 2019 was $-1.91 Mil.

Petro River Oil  (OTCPK:PTRC) 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.

Petro River Oil's Days Sales Outstanding for the quarter that ended in Oct. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.094/0.271*91
=31.65

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

Petro River Oil's liquidation value for the quarter that ended in Oct. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.754-2.731+0.75 * 0.094+0.5 * 0
=-1.91

* 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.

Petro River Oil Change In Receivables Related Terms

Petro River Oil Change In Receivables Historical Data

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The historical data trend for Petro River Oil'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.

Petro River Oil Change In Receivables Chart

Petro River Oil Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.04 -0.63 -0.88 0.18

Petro River Oil Quarterly Data
Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19
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 0.02 0.07 -0.01 0.03 0.01
PTRC
12GF Score
Petro River Oil Corp PTRC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Petro River Oil 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 Oct. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.10 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 $0.10 Mil mean?
Petro River Oil (PTRC) has a Change In Receivables of $0.10 Mil as of Oct. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Petro River Oil and its competitors.
Is Petro River Oil's Change In Receivables too high?
Petro River Oil's current Change In Receivables is $0.10 Mil. Overall, Petro River Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petro River Oil's Change In Receivables compare to LRDC and COIL?
Petro River Oil's Change In Receivables of $0.10 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 Petro River Oil and its competitors. Petro River Oil's current Change In Receivables is $0.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro River Oil stock overvalued right now?
Petro River Oil (PTRC) has a current Change In Receivables of $0.10 Mil. The current Change In Receivables is $0.10 Mil. Petro River Oil's overall GF Score™ is 12/100. 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 Petro River Oil (PTRC), the current Change In Receivables is $0.10 Mil as of Oct. 2019. 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.

Petro River Oil Business Description

Industry EnergyOil & Gas
Address 55 5th Avenue, Suite 1702, New York, NY, USA, 10003
Petro River Oil Corp is an independent energy company focused on the exploration and development of conventional oil and gas assets. It has diversification across multiple projects, each with low initial capital expenditures and strong risk-reward characteristics. The company's strategy is to identify, acquire and develop conventional oil and gas assets. The company's activities are focused on the North American and European continents.
12GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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