Horizon Petroleum (TSXV:HPL) Change In Receivables: C$0.03 Mil (TTM As of May. 2026)

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TSXV:HPL Horizon Petroleum Ltd TSXV:HPL
22 GF Score
Price C$0.26
! 2 Warning Signs
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What is Horizon Petroleum Change In Receivables?

Horizon Petroleum TSXV:HPL +8.33% 22 Change In Receivables is C$0.03 Mil as of May. 2026. GuruFocus rates TSXV:HPL with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Horizon Petroleum's change in receivables for the quarter that ended in May. 2026 was C$0.01 Mil. It means Horizon Petroleum's Accounts Receivable declined by C$0.01 Mil from Feb. 2026 to May. 2026 .

Horizon Petroleum's change in receivables for the fiscal year that ended in Aug. 2025 was C$-0.01 Mil. It means Horizon Petroleum's Accounts Receivable increased by C$0.01 Mil from Aug. 2024 to Aug. 2025 .

Horizon Petroleum's Accounts Receivable for the quarter that ended in May. 2026 was C$0.02 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Horizon Petroleum's liquidation value for the three months ended in May. 2026 was C$-4.38 Mil.

Horizon Petroleum  (TSXV:HPL) 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.

Horizon Petroleum's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.015/0*91
=

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

Horizon Petroleum's liquidation value for the quarter that ended in May. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.476-7.863+0.75 * 0.015+0.5 * 0
=-4.38

* 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.

Horizon Petroleum Change In Receivables Related Terms

Horizon Petroleum Change In Receivables Historical Data

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The historical data trend for Horizon Petroleum'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.

Horizon Petroleum Change In Receivables Chart

Horizon Petroleum Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.02 0.01 -0.01

Horizon Petroleum Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.01 0.02 -0.01 0.02 0.01
TSXV:HPL
22GF Score
Horizon Petroleum Ltd TSXV:HPL
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Horizon Petroleum 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.03 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 C$0.03 Mil mean?
Horizon Petroleum (TSXV:HPL) has a Change In Receivables of C$0.03 Mil as of May. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Horizon Petroleum and its competitors.
Is Horizon Petroleum's Change In Receivables too high?
Horizon Petroleum's current Change In Receivables is C$0.03 Mil. Overall, Horizon Petroleum has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Petroleum's Change In Receivables compare to COP and EOG?
Horizon Petroleum's Change In Receivables of C$0.03 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 Horizon Petroleum and its competitors. Horizon Petroleum's current Change In Receivables is C$0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Petroleum stock overvalued right now?
Horizon Petroleum (TSXV:HPL) has a current Change In Receivables of C$0.03 Mil. The current Change In Receivables is C$0.03 Mil. Horizon Petroleum's overall GF Score™ is 22/100 with 2 warning signs to review. 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 Horizon Petroleum (TSXV:HPL), the current Change In Receivables is C$0.03 Mil as of May. 2026. 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.

Horizon Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges HPM:Germany
Address 540 - 5th Avenue SW, Suite 920, Calgary, AB, CAN, T2P 0M2
Horizon Petroleum Ltd is involved in the exploration, acquisition, and development of oil and gas properties. The current operating projects of the company are Cieszyn and Bielsko-Biala properties in Poland. Bielsko-Biala contains the large undeveloped natural gas accumulation at Lachowice. Its operation for Cieszyn concession is located in the Carpathian Foreland Basin and on trend with a number of gas fields.
22GF 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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