West Texas Resources (West Texas Resources) Change In Receivables : $0.00 Mil (TTM As of Sep. 2023)

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What is West Texas Resources Change In Receivables?

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

West Texas Resources's change in receivables for the fiscal year that ended in Sep. 2016 was $0.00 Mil. It means West Texas Resources's Accounts Receivable stayed the same from Sep. 2015 to Sep. 2016 .

West Texas Resources's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. West Texas Resources's liquidation value for the three months ended in Sep. 2023 was $-0.17 Mil.

West Texas Resources Change In Receivables Historical Data

The historical data trend for West Texas Resources'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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West Texas Resources Change In Receivables Chart

West Texas Resources Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Change In Receivables

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-0.01

-0.17

0.12

0.05

West Texas Resources Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Sep22	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

West Texas Resources 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 $0.00 Mil.

West Texas Resources (OTCPK:WTXR) 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.

West Texas Resources'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	/	0	*	91
=

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

West Texas Resources'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	-	0.165	+	0.75 * 0	+	0.5 * 0
=	-0.17

West Texas Resources Change In Receivables Related Terms

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West Texas Resources (West Texas Resources) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » West Texas Resources Inc (OTCPK:WTXR) » Definitions » Change In Receivables

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Address

5729 Lebanon Road, Suite 144, Frisco, TX, USA, 75034

Website

http://www.westtexasresources.com

West Texas Resources Inc is a United States-based company engaged in the acquisition, exploration, and development of oil and gas properties in North America. The Company targets both new and existing fields and producing wells to be revitalized.

West Texas Resources (West Texas Resources) Headlines

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West Texas Resources signs Joint Venture Agreement

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