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Surge Energy (TSX:SGY) Change In Receivables : C$0.0 Mil (TTM As of Mar. 2025)


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What is Surge Energy Change In Receivables?

Surge Energy's change in receivables for the quarter that ended in Mar. 2025 was C$0.0 Mil. It means Surge Energy's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Surge Energy's change in receivables for the fiscal year that ended in Dec. 2024 was C$0.0 Mil. It means Surge Energy's Accounts Receivable stayed the same from Dec. 2023 to Dec. 2024 .

Surge Energy's Accounts Receivable for the quarter that ended in Mar. 2025 was C$55.5 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. Surge Energy's Days Sales Outstanding for the three months ended in Mar. 2025 was 31.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Surge Energy's liquidation value for the three months ended in Mar. 2025 was C$-597.8 Mil.


Surge Energy Change In Receivables Historical Data

The historical data trend for Surge 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.

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Surge Energy Change In Receivables Chart

Surge Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
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Surge Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Surge 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 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.


Surge Energy  (TSX:SGY) 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.

Surge Energy's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=55.506/162.884*91
=31.10

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

Surge Energy's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=11.736-651.159+0.75 * 55.506+0.5 * 0
=-597.8

* 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.


Surge Energy Change In Receivables Related Terms

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Surge Energy Business Description

Traded in Other Exchanges
Address
520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3
Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.
Executives
Jared Ducs Senior Officer
James Murray Pasieka Director
Peter Dan O'neil Senior Officer
Murray Douglas Smith Director
Margaret Ann Elekes Senior Officer
Paul Colborne Director
Robert Allen Leach Director
Carbon Infrastructure Partners Corp. 10% Security Holder
Michelle Gramatke Director
Murray Bye Senior Officer
Marion Louise Burnyeat Director
Derek Wayne Christie Senior Officer
James Leigh Stannard Senior Officer

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