GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Guardian Exploration Inc (TSXV:GX) » Definitions » Accounts Receivable

Guardian Exploration (TSXV:GX) Accounts Receivable : C$0.00 Mil (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Guardian Exploration Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Guardian Exploration's accounts receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Guardian Exploration's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$-0.01.


Guardian Exploration Accounts Receivable Historical Data

The historical data trend for Guardian Exploration'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.

Guardian Exploration Accounts Receivable Chart

Guardian Exploration Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Guardian Exploration Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Guardian Exploration Accounts Receivable Calculation

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


Guardian Exploration 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.

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

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

Guardian Exploration's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(0.002+0.75 * 0+0.5 * 0-1.445
-0-0)/104.076
=-0.01

* 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.


Guardian Exploration Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Guardian Exploration's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Guardian Exploration (TSXV:GX) Business Description

Traded in Other Exchanges
Address
538 Hurricane Drive, Springbank Airport, Calgary, AB, CAN, T3Z 3S8
Guardian Exploration Inc is engaged in the exploration, development, and production of oil and natural gas properties in Western Canada. The company's first prospect is the Mount Cameron Property located in the Yukon's Mayo Mining District. Guardian also holds mineral claims located on southern Dall Island, southeast Alaska, USA, known as the Kaigani claims.
Executives
Graydon L.m. Kowal Director, Senior Officer

Guardian Exploration (TSXV:GX) Headlines

No Headlines