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White River Energy (White River Energy) Accounts Receivable : $0.07 Mil (As of Dec. 2023)


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What is White River Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. White River Energy's accounts receivables for the quarter that ended in Dec. 2023 was $0.07 Mil.

Accounts receivable can be measured by Days Sales Outstanding. White River Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 519.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. White River Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.24.


White River Energy Accounts Receivable Historical Data

The historical data trend for White River 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.

White River Energy Accounts Receivable Chart

White River Energy Annual Data
Trend Mar22 Mar23
Accounts Receivable
0.58 0.06

White River Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 0.06 0.08 0.12 0.07

White River Energy Accounts Receivable Calculation

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


White River 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.

White River Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.074/0.013*91
=519.42

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

White River Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(6.553+0.75 * 0.074+0.5 * 0.004-12.386
-0-5.014)/45.586
=-0.24

* 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.


White River Energy Accounts Receivable Related Terms

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White River Energy (White River Energy) Business Description

Traded in Other Exchanges
N/A
Address
609 W. Dickson Street, Suite 102 G, Fayetteville, AR, USA, 72701
White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

White River Energy (White River Energy) Headlines

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