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Linc Energy (ASX:LNC) Accounts Receivable : A$0.00 Mil (As of Dec. 2015)


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What is Linc Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Linc Energy's accounts receivables for the quarter that ended in Dec. 2015 was A$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Linc Energy's Days Sales Outstanding for the quarter that ended in Dec. 2015 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Linc Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2015 was A$-1.65.


Linc Energy Accounts Receivable Historical Data

The historical data trend for Linc Energy's Accounts Receivable 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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Linc Energy Accounts Receivable Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
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Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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Linc Energy Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Linc Energy Accounts Receivable 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 receivables are being managed.

Linc Energy's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/15.834*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Linc Energy's accounts receivable are only considered to be worth 75% of book value:

Linc Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2015 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.109+0.75 * 0+0.5 * 4.113-855.343
-0-10.475)/517.977
=-1.65

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Linc Energy Accounts Receivable Related Terms

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Linc Energy (ASX:LNC) Business Description

Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.