Empire Energy Group (ASX:EEG) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Empire Energy Group Change In Receivables?

Empire Energy Group's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Empire Energy Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Empire Energy Group's change in receivables for the fiscal year that ended in Dec. 2023 was A$0.00 Mil. It means Empire Energy Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Empire Energy Group's Accounts Receivable for the quarter that ended in Dec. 2023 was A$1.41 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. Empire Energy Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 90.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Empire Energy Group's liquidation value for the six months ended in Dec. 2023 was A$-44.50 Mil.

Empire Energy Group Change In Receivables Historical Data

The historical data trend for Empire Energy Group'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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Empire Energy Group Change In Receivables Chart

Empire Energy Group Annual Data

Trend

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Change In Receivables

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Empire Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Empire Energy Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Empire Energy Group (ASX:EEG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.409	/	2.852	*	91
=	90.16

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

Empire Energy Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	13.627	-	59.199	+	0.75 * 1.409	+	0.5 * 0.039
=	-44.50

Empire Energy Group Change In Receivables Related Terms

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Empire Energy Group (ASX:EEG) Business Description

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EEGUF:USA

Address

6-10 O'Connell Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://empireenergygroup.net

Empire Energy Group Ltd is an oil and gas exploration and production company focused on onshore long-life oil & gas fields, in the USA. The progression of exploration & appraisal work programs in its wholly-owned and operated exploration tenements & applications located in the high petroleum-prospective Northern Territory McArthur Basin (including the Beetaloo Sub-Basin). It sells oil and gas products to owners of domestic pipelines, utilities, and refiners located in Pennsylvania and New York. It operates in three segments- United States Operations, Northern Territory, and corporate. The majority is derived from United States operations segment, which includes all oil and gas operations located in the USA. Revenue is derived from the sale of oil and gas and the operation of wells.

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