GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Discovery Energy Corp (OTCPK:DENR) » Definitions » Accounts Receivable

Discovery Energy (Discovery Energy) Accounts Receivable : $0.00 Mil (As of Feb. 2022)


View and export this data going back to 2009. Start your Free Trial

What is Discovery Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Discovery Energy's accounts receivables for the quarter that ended in Feb. 2022 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Discovery Energy's Net-Net Working Capital per share for the quarter that ended in Feb. 2022 was $-0.08.


Discovery Energy Accounts Receivable Historical Data

The historical data trend for Discovery Energy'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.

Discovery Energy Accounts Receivable Chart

Discovery Energy Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Discovery Energy Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 - - - - -

Discovery Energy Accounts Receivable Calculation

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


Discovery Energy 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.

Discovery Energy's Days Sales Outstanding for the quarter that ended in Feb. 2022 is calculated as:

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

Discovery Energy's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2022 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)
=(0.005+0.75 * 0+0.5 * 0-12.429
-0-0)/154.365
=-0.08

* 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.


Discovery Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Discovery Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Discovery Energy (Discovery Energy) Business Description

Traded in Other Exchanges
N/A
Address
One Riverway Drive, Suite 1700, Houston, TX, USA, 77056
Discovery Energy Corp is an exploration-stage company. It is mainly engaged into exploration, development, production, oil and energy projects. The exploration properties of the company include Cooper and Eromanga Basins in the State of South Australia. The Cooper basin is divided into several depo-centers by faulted anticlinal trends whereas the Eromanga basin is developed as interior sag over the central and eastern region of Australia.
Executives
Keith J Mckenzie director, 10 percent owner, officer: CEO SUITE 1807-610 GRANVILLE STREET VANCOUVER A1 V6C-3T3
Steven A Webster 10 percent owner 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Keith D Spickelmier 10 percent owner
Michael D Dahlke officer: President & COO ONE RIVERWAY DRIVE SUITE 1700 HOUSTON TX 77056
Dec Funding Llc 10 percent owner 1000 LOUISIANA STREET SUITE 3700 HOUSTON TX 77002
William E Begley officer: CFO ONE RIVERWAY DRIVE, SUITE1700, HOUSTON TX 77056
Richard Bruce Pierce director, 10 percent owner, officer: President, Secretary-Treasurer 11450 - 201A STREET MAPLE RIDGE A1 V2X 0Y4
Andrew Lee Smith director, 10 percent owner SUITE 500 - 602 WEST HASTINGS STREET VANCOUVER A1 V6B 1P2
Shih-yi Chuang director, 10 percent owner 11 CHUNG-HSING ROAD, NEI-PU VILLAGE CHU-CHI SHIANG CHA-Y F5 00000

Discovery Energy (Discovery Energy) Headlines

No Headlines