Cobra Venture (TSXV:CBV) Change In Receivables : C$-0.01 Mil (TTM As of Feb. 2024)

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What is Cobra Venture Change In Receivables?

Cobra Venture's change in receivables for the quarter that ended in Feb. 2024 was C$0.11 Mil. It means Cobra Venture's Accounts Receivable declined by C$0.11 Mil from Aug. 2023 to Feb. 2024 .

Cobra Venture's change in receivables for the fiscal year that ended in Nov. 2022 was C$0.12 Mil. It means Cobra Venture's Accounts Receivable declined by C$0.12 Mil from Nov. 2021 to Nov. 2022 .

Cobra Venture's Accounts Receivable for the quarter that ended in Feb. 2024 was C$0.07 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. Cobra Venture's Days Sales Outstanding for the three months ended in Feb. 2024 was 21.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cobra Venture's liquidation value for the three months ended in Feb. 2024 was C$2.43 Mil.

Cobra Venture Change In Receivables Historical Data

The historical data trend for Cobra Venture'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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Cobra Venture Change In Receivables Chart

Cobra Venture Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Change In Receivables

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0.02

-0.08

-0.06

0.12

Cobra Venture Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															0.07	0.04	-0.05	-0.07	0.11

Cobra Venture 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.01 Mil.

Cobra Venture (TSXV:CBV) 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.

Cobra Venture's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.065	/	0.271	*	91
=	21.89

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

Cobra Venture's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.504	-	0.125	+	0.75 * 0.065	+	0.5 * 0
=	2.43

Cobra Venture Change In Receivables Related Terms

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Cobra Venture (TSXV:CBV) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cobra Venture Corp (TSXV:CBV) » Definitions » Change In Receivables

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Address

2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1

Website

https://www.cobraventure.com

Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.

Executives

Stephane Poirier

10% Security Holder

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