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Strata Power (Strata Power) Accounts Receivable : $0.00 Mil (As of Dec. 2023)


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What is Strata Power Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Strata Power's accounts receivables for the quarter that ended in Dec. 2023 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Strata Power's Days Sales Outstanding for the quarter that ended in Dec. 2023 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. Strata Power's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.02.


Strata Power Accounts Receivable Historical Data

The historical data trend for Strata Power'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.

* Premium members only.

Strata Power Accounts Receivable Chart

Strata Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
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Strata Power Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Strata Power Accounts Receivable Calculation

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


Strata Power 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.

Strata Power's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/0.199*91
=0.00

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

Strata Power's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(0.054+0.75 * 0+0.5 * 0-0.442
-0-0)/20.0851
=-0.02

* 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.


Strata Power Accounts Receivable Related Terms

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Strata Power (Strata Power) Business Description

Traded in Other Exchanges
N/A
Address
500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6
Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.
Executives
Duncan Budge director 4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2