Hertz Energy (XCNQ:HZ) Change In Receivables : C$-0.04 Mil (TTM As of Oct. 2024)

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What is Hertz Energy Change In Receivables?

Hertz Energy's change in receivables for the quarter that ended in Oct. 2024 was C$-0.04 Mil. It means Hertz Energy's Accounts Receivable increased by C$0.04 Mil from Jul. 2024 to Oct. 2024 .

Hertz Energy's change in receivables for the fiscal year that ended in Jul. 2024 was C$-0.10 Mil. It means Hertz Energy's Accounts Receivable increased by C$0.10 Mil from Jul. 2023 to Jul. 2024 .

Hertz Energy's Accounts Receivable for the quarter that ended in Oct. 2024 was C$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. Hertz Energy's liquidation value for the three months ended in Oct. 2024 was C$-0.33 Mil.

Hertz Energy Change In Receivables Historical Data

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

Hertz Energy Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Change In Receivables

-0.10

Hertz Energy Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Jul24	Oct24
Change In Receivables	Get a 7-Day Free Trial								-	-0.03	-	-	-0.04

Hertz 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.04 Mil.

Hertz Energy (XCNQ:HZ) 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.

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

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

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.024	-	1.357	+	0.75 * 0	+	0.5 * 0
=	-0.33

Hertz Energy Change In Receivables Related Terms

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Hertz Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hertz Energy Inc (XCNQ:HZ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HZLIF:USA A34:Germany

Address

1500-1055 West Georgia Street, Royal Centre, Vancouver, BC, CAN, V6E4N7

Website

https://www.hertz-energy.com

Hertz Energy Inc is engaged in the exploration and development of mineral resources, currently focusing on projects in Arizona, USA. The company's sole mineral property is the Lucky Mica Project located in the Maricopa County of Arizona, USA and and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil and Snake Lithium Project and both located in James Bay, Quebec.

Executives

Coloured Ties Capital Inc.	10% Security Holder
Rauni Malhi	10% Security Holder

Hertz Energy Headlines

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