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Silver Star Energy (Silver Star Energy) Change In Receivables : $0.50 Mil (TTM As of Sep. 2007)


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What is Silver Star Energy Change In Receivables?

Silver Star Energy's change in receivables for the quarter that ended in Sep. 2007 was $0.03 Mil. It means Silver Star Energy's Accounts Receivable declined by $0.03 Mil from Jun. 2007 to Sep. 2007 .

Silver Star Energy's change in receivables for the fiscal year that ended in Dec. 2006 was $0.79 Mil. It means Silver Star Energy's Accounts Receivable declined by $0.79 Mil from Dec. 2005 to Dec. 2006 .

Silver Star Energy's Accounts Receivable for the quarter that ended in Sep. 2007 was $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. Silver Star Energy's Days Sales Outstanding for the three months ended in Sep. 2007 was 35.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Silver Star Energy's liquidation value for the three months ended in Sep. 2007 was $0.02 Mil.


Silver Star Energy Change In Receivables Historical Data

The historical data trend for Silver Star 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.

Silver Star Energy Change In Receivables Chart

Silver Star Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06
Change In Receivables
- - -1.50 0.79

Silver Star Energy Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 -0.33 -0.19 0.12 0.54 0.03

Silver Star 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 Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.50 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.


Silver Star Energy  (OTCPK:SVSE) 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.

Silver Star Energy's Days Sales Outstanding for the quarter that ended in Sep. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.02/0.051*91
=35.78

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

Silver Star Energy's liquidation value for the quarter that ended in Sep. 2007 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.012-0.005+0.75 * 0.02+0.5 * 0
=0.02

* 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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Silver Star Energy (Silver Star Energy) Business Description

Traded in Other Exchanges
N/A
Address
9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212
Website
Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.
Executives
Scott Marshall 10 percent owner 2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson director 9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh director, officer: President 504 THRASHER STREET, NORCROSS GA 30071

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