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Tenaz Energy (TSX:TNZ) Change In Receivables : C$0.00 Mil (TTM As of Mar. 2024)


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What is Tenaz Energy Change In Receivables?

Tenaz Energy's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Tenaz Energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Tenaz Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Tenaz Energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Tenaz Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$6.28 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. Tenaz Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tenaz Energy's liquidation value for the three months ended in Mar. 2024 was C$-97.46 Mil.


Tenaz Energy Change In Receivables Historical Data

The historical data trend for Tenaz 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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Tenaz Energy Change In Receivables Chart

Tenaz Energy Annual Data
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Change In Receivables
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Tenaz Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Tenaz 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Tenaz Energy  (TSX:TNZ) 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.

Tenaz Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.28/17.886*91
=32.04

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

Tenaz Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=39.675-141.843+0.75 * 6.28+0.5 * 0
=-97.46

* 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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Tenaz Energy (TSX:TNZ) Business Description

Traded in Other Exchanges
Address
605 - 5th Avenue South West, Suite 2500, Calgary, AB, CAN, T2P 3H5
Tenaz Energy Corp is engaged as an energy company focused on the acquisition and sustainable development of international oil and gas assets capable of returning free cash flow to shareholders. It has two operating segments Canadian business unit and the Netherlands business unit, and it derives revenue from the sale of petroleum and natural gas products such as heavy crude oil, light crude and medium crude oil, natural gas, and natural gas liquids of which key revenue is derived from the sale of heavy crude oil.

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