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Royal Energy Resources (Royal Energy Resources) Change In Receivables : $15.4 Mil (TTM As of Sep. 2019)


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What is Royal Energy Resources Change In Receivables?

Royal Energy Resources's change in receivables for the quarter that ended in Sep. 2019 was $13.0 Mil. It means Royal Energy Resources's Accounts Receivable declined by $13.0 Mil from Jun. 2019 to Sep. 2019 .

Royal Energy Resources's change in receivables for the fiscal year that ended in Dec. 2018 was $4.2 Mil. It means Royal Energy Resources's Accounts Receivable declined by $4.2 Mil from Dec. 2017 to Dec. 2018 .

Royal Energy Resources's Accounts Receivable for the quarter that ended in Sep. 2019 was $11.9 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. Royal Energy Resources's Days Sales Outstanding for the three months ended in Sep. 2019 was 25.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Royal Energy Resources's liquidation value for the three months ended in Sep. 2019 was $-137.5 Mil.


Royal Energy Resources Change In Receivables Historical Data

The historical data trend for Royal Energy Resources'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.

* Premium members only.

Royal Energy Resources Change In Receivables Chart

Royal Energy Resources Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Dec16 Dec17 Dec18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 -3.12 -6.70 4.17

Royal Energy Resources Quarterly Data
Nov14 Feb15 May15 Aug15 Nov15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -10.44 9.63 -1.62 -5.66 13.05

Royal Energy Resources 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.4 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.


Royal Energy Resources  (OTCPK:ROYE) 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.

Royal Energy Resources's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.887/42.265*91
=25.66

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

Royal Energy Resources's liquidation value for the quarter that ended in Sep. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.316-163.9+0.75 * 11.887+0.5 * 18.41
=-137.5

* 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.


Royal Energy Resources Change In Receivables Related Terms

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Royal Energy Resources (Royal Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
56 Broad Street, Suite 2, Charleston, SC, USA, 29401
Royal Energy Resources Inc is engaged in the acquisition of coal, gas and renewable energy assets.
Executives
William L Tuorto director, officer: Executive Chairman 56 BROAD STREET SUITE 2 CHARLESTON SC 29412
Ronald Phillips officer: President DKR CAPITAL PARTNERS LP 1281 EAST MAIN STREET STAMFORD CT 06902
Brian Hughs director, officer: Vice President 203 SOUTH 3RD ST. CANANDIAN TX 79014
Ian Ganzer officer: Chief Operating Officer 304 WAITMAN ST MORGANTOWN WV 26501

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