AMEN Properties (AMEN Properties) Change In Receivables : $0.15 Mil (TTM As of Mar. 2023)

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What is AMEN Properties Change In Receivables?

AMEN Properties's change in receivables for the quarter that ended in Mar. 2023 was $0.12 Mil. It means AMEN Properties's Accounts Receivable declined by $0.12 Mil from Dec. 2022 to Mar. 2023 .

AMEN Properties's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.03 Mil. It means AMEN Properties's Accounts Receivable increased by $0.03 Mil from Dec. 2021 to Dec. 2022 .

AMEN Properties's Accounts Receivable for the quarter that ended in Mar. 2023 was $0.27 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. AMEN Properties's Days Sales Outstanding for the three months ended in Mar. 2023 was 31.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AMEN Properties's liquidation value for the three months ended in Mar. 2023 was $3.24 Mil.

AMEN Properties Change In Receivables Historical Data

The historical data trend for AMEN Properties'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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AMEN Properties Change In Receivables Chart

AMEN Properties Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.12

0.08

0.22

-0.15

-0.03

AMEN Properties Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial															-0.06	-0.07	0.02	0.08	0.12

AMEN Properties 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 Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 Mil.

AMEN Properties (OTCPK:AMEN) 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.

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 liquidation value, AMEN Properties's accounts receivable are only considered to be worth 75% of book value:

AMEN Properties's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.721	-	0.679	+	0.75 * 0.265	+	0.5 * 0
=	3.24

AMEN Properties Change In Receivables Related Terms

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AMEN Properties (AMEN Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AMEN Properties Inc (OTCPK:AMEN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 835451, Richardson, TX, USA, 75080

Website

http://www.amenproperties.com

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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