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AMEN Properties (AMEN Properties) Accounts Receivable : $0.27 Mil (As of Mar. 2023)


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What is AMEN Properties Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AMEN Properties's accounts receivables for the quarter that ended in Mar. 2023 was $0.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AMEN Properties's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 31.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AMEN Properties's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $60.97.


AMEN Properties Accounts Receivable Historical Data

The historical data trend for AMEN Properties's Accounts Receivable 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.

AMEN Properties Accounts Receivable Chart

AMEN Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.42 0.21 0.36 0.39

AMEN Properties Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Accounts Receivable 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 0.42 0.49 0.47 0.39 0.27

AMEN Properties Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


AMEN Properties Accounts Receivable 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 receivables are being managed.

AMEN Properties's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.265/0.779*91
=31.04

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AMEN Properties's accounts receivable are only considered to be worth 75% of book value:

AMEN Properties's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.721+0.75 * 0.265+0.5 * 0-0.679
-0-0)/0.05315
=60.97

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


AMEN Properties Accounts Receivable Related Terms

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AMEN Properties (AMEN Properties) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 835451, Richardson, TX, USA, 75080
AMEN Properties Inc acquires investments in commercial real estate, natural gas properties, and other energy-related business properties. It derives revenue from oil and gas.
Executives
Jon M Morgan officer: Chief Executive Officer 303 W WALL, SUITE 1700, MIDLAND TX 79701
Blake Donald M Jr director 298 5TH AVENUE, NEW YORK NY 10001
Randy G Nicholson director 1202 ESTATES DRIVE SUITE D, ABILENE TX 79602
Earl Gjelde director 790 ROSE ACRES COURT, LOVELAND CO 80537
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Bruce E Edgington director 303 W WALL, SUITE 2300, MIDLAND TX 79701
Jesse T Correll director
John Bick officer: Managing Principal 1409 CROWLEY ROAD, ARLINGTON TX 76012
Kris Lawson Oliver officer: Chief Financial Officer 303 W. WALL STREET, SUITE 1700, MIDLAND TX 79701
Kevin Yung officer: Chief Operating Officer 303 W. WALL STREET, SUITE 2300, MIDLAND TX 79701
Padraig Ennis officer: Vice President 2821 MARMON, MIDLAND TX 79705
John M James officer: Chief Financial Officer 4485 HACKBERRY, MIDLAND TX 79707
Eric Boyt other: Former Chief Financial Officer

AMEN Properties (AMEN Properties) Headlines

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