Sonoro Energy (TSXV:SNV) Change In Receivables : C$-0.42 Mil (TTM As of Mar. 2024)

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What is Sonoro Energy Change In Receivables?

Sonoro Energy's change in receivables for the quarter that ended in Mar. 2024 was C$-0.28 Mil. It means Sonoro Energy's Accounts Receivable increased by C$0.28 Mil from Dec. 2023 to Mar. 2024 .

Sonoro Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$-0.14 Mil. It means Sonoro Energy's Accounts Receivable increased by C$0.14 Mil from Dec. 2022 to Dec. 2023 .

Sonoro Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$0.31 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. Sonoro Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 441.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sonoro Energy's liquidation value for the three months ended in Mar. 2024 was C$-0.96 Mil.

Sonoro Energy Change In Receivables Historical Data

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

Sonoro Energy Annual Data

Trend

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Dec23

Change In Receivables

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0.01

-0.14

Sonoro Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	-0.02	-0.12	-0.28

Sonoro 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$-0.42 Mil.

Sonoro Energy (TSXV:SNV) 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.

Sonoro 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
=	0.31	/	0.064	*	91
=	441.99

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

Sonoro 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)
=	0.455	-	1.643	+	0.75 * 0.31	+	0.5 * 0
=	-0.96

Sonoro Energy Change In Receivables Related Terms

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Sonoro Energy (TSXV:SNV) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sonoro Energy Ltd (TSXV:SNV) » Definitions » Change In Receivables

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SNVFF:USA FDZN:Germany

Address

520 - 5th Avenue SW, Suite 600, Calgary, AB, CAN, T2P 3R7

Website

http://www.sonoroenergy.com

Sonoro Energy Ltd is engaged in the exploration, development, and production of oil and gas resources focused in South East Asia. The company operations include Selat Panjang Production.

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