Topaz Energy (TSX:TPZ) Change In Receivables : C$0.0 Mil (TTM As of Mar. 2024)

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What is Topaz Energy Change In Receivables?

Topaz Energy's change in receivables for the quarter that ended in Mar. 2024 was C$0.0 Mil. It means Topaz Energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Topaz Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.0 Mil. It means Topaz Energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Topaz Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$44.4 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. Topaz Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Topaz Energy's liquidation value for the three months ended in Mar. 2024 was C$-358.2 Mil.

Topaz Energy Change In Receivables Historical Data

The historical data trend for Topaz 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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Topaz Energy Change In Receivables Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Topaz Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Topaz 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.0 Mil.

Topaz Energy (TSX:TPZ) 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.

Topaz Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	44.384	/	74.844	*	91
=	54.11

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

Topaz Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.857	-	394.318	+	0.75 * 44.384	+	0.5 * 0
=	-358.2

Topaz Energy Change In Receivables Related Terms

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Topaz Energy (TSX:TPZ) Business Description

Industry

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Traded in Other Exchanges

TPZEF:USA 5XU:Germany

Address

250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.

Executives

Stephen Phillip Larke

Director