TXHE (Texhoma Energy) Change In Receivables : $0.31 Mil (TTM As of Jun. 2008)

View and export this data going back to . Start your Free Trial

What is Texhoma Energy Change In Receivables?

Texhoma Energy's change in receivables for the quarter that ended in Jun. 2008 was $-0.03 Mil. It means Texhoma Energy's Accounts Receivable increased by $0.03 Mil from Mar. 2008 to Jun. 2008 .

Texhoma Energy's change in receivables for the fiscal year that ended in Sep. 2007 was $0.27 Mil. It means Texhoma Energy's Accounts Receivable declined by $0.27 Mil from Sep. 2006 to Sep. 2007 .

Texhoma Energy's Accounts Receivable for the quarter that ended in Jun. 2008 was $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. Texhoma Energy's Days Sales Outstanding for the three months ended in Jun. 2008 was 66.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Texhoma Energy's liquidation value for the three months ended in Jun. 2008 was $-9.23 Mil.

Texhoma Energy Change In Receivables Historical Data

The historical data trend for Texhoma 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.

* Premium members only.

Texhoma Energy Change In Receivables Chart

Texhoma Energy Annual Data

Trend

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Change In Receivables

Get a 7-Day Free Trial

-0.70

0.27

Texhoma Energy Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Change In Receivables	Get a 7-Day Free Trial															-0.18	0.18	0.13	0.03	-0.03

Texhoma 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 Jun. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.31 Mil.

Texhoma Energy (GREY:TXHE) 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.

Texhoma Energy's Days Sales Outstanding for the quarter that ended in Jun. 2008 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.305	/	0.42	*	91
=	66.26

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

Texhoma Energy's liquidation value for the quarter that ended in Jun. 2008 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.01	-	9.472	+	0.75 * 0.305	+	0.5 * 0
=	-9.23

Texhoma Energy Change In Receivables Related Terms

Thank you for viewing the detailed overview of Texhoma Energy's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Texhoma Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texhoma Energy Inc (GREY:TXHE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

24624 I-45 North, Suite 200, Spring, TX, USA, 77386

Website

http://www.texhomaenergy.com

Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy Headlines

From GuruFocus

Texhoma Energy, Inc. Announces Earnings

By ACCESSWIRE AccessWire • 04-12-2019