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WMELF (Westmount Energy) Change In Receivables : $0.01 Mil (TTM As of Jun. 2024)


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What is Westmount Energy Change In Receivables?

Westmount Energy's change in receivables for the quarter that ended in Jun. 2024 was $-0.02 Mil. It means Westmount Energy's Accounts Receivable increased by $0.02 Mil from Dec. 2023 to Jun. 2024 .

Westmount Energy's change in receivables for the fiscal year that ended in Jun. 2024 was $0.00 Mil. It means Westmount Energy's Accounts Receivable declined by $0.00 Mil from Jun. 2023 to Jun. 2024 .

Westmount Energy's Accounts Receivable for the quarter that ended in Jun. 2024 was $0.00 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. Westmount Energy's liquidation value for the six months ended in Jun. 2024 was $0.22 Mil.


Westmount Energy Change In Receivables Historical Data

The historical data trend for Westmount 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.

Westmount Energy Change In Receivables Chart

Westmount Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.01 -0.01 -0.04 -

Westmount Energy Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -0.35 0.32 0.02 -0.02 0.03

Westmount 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.01 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.


Westmount Energy  (OTCPK:WMELF) 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.

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

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.282-0.065+0.75 * 0+0.5 * 0
=0.22

* 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.


Westmount Energy Change In Receivables Related Terms

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Westmount Energy Business Description

Traded in Other Exchanges
Address
Castle Street, Floor 4, Liberation House, Saint Helier, JEY, JE1 4HH
Westmount Energy Ltd operates as an energy investment company. The investment plan of the company is to invest in and provide follow-up capital to small and medium-sized companies that have growth possibilities. Its portfolio of energy shares includes Eco (Atlantic) Oil and Gas Ltd, JHI Associates Inc, Cataleya Energy Corp, and others.

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