Empire Diversified Energy (Empire Diversified Energy) Change In Receivables : $0.02 Mil (TTM As of Sep. 2023)

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What is Empire Diversified Energy Change In Receivables?

Empire Diversified Energy's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Empire Diversified Energy's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

Empire Diversified Energy's change in receivables for the fiscal year that ended in Dec. 2021 was $-0.11 Mil. It means Empire Diversified Energy's Accounts Receivable increased by $0.11 Mil from Dec. 2020 to Dec. 2021 .

Empire Diversified Energy's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.18 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 Diversified Energy's Days Sales Outstanding for the three months ended in Sep. 2023 was 21.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Empire Diversified Energy's liquidation value for the three months ended in Sep. 2023 was $-121.39 Mil.

Empire Diversified Energy Change In Receivables Historical Data

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

Empire Diversified Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-0.30

-0.11

Empire Diversified Energy Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Sep22	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.03	-0.04	0.02	-	-

Empire Diversified Energy 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 Mil.

Empire Diversified Energy (OTCPK:MPIR) 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 Diversified Energy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.183	/	0.766	*	91
=	21.80

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.288	-	122.246	+	0.75 * 0.183	+	0.5 * 0.855
=	-121.39

Empire Diversified Energy Change In Receivables Related Terms

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Empire Diversified Energy (Empire Diversified Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Diversified Energy Inc (OTCPK:MPIR) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

401 East Las Olas Boulevard, Suite 1400, 14th Floor, Fort Lauderdale, FL, USA, 33301

Website

https://www.empirediversifiedenergy.com

Empire Diversified Energy Inc is a diversified energy and logistics company. It has developed a wide range of green energy products and solutions to industry problems, offering strategic and cost-effective logistics to address LNG and Petrochemical Storage Hubs, Petrochemical Loading Facilities Scrap Iron and Mineral Sales, (Slag, HBI, Coal, Water).

Executives

Robert J. Lancellotti

director, 10 percent owner

PO BOX 154, CONGERS NY 10920