Strike Energy (ASX:STX) Change In Receivables : A$0.00 Mil (TTM As of Dec. 2023)

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What is Strike Energy Change In Receivables?

Strike Energy's change in receivables for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Strike Energy's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Strike Energy's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Strike Energy's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Strike Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was A$11.67 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. Strike Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 262.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Strike Energy's liquidation value for the six months ended in Dec. 2023 was A$3.39 Mil.

Strike Energy Change In Receivables Historical Data

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

Strike Energy Annual Data

Trend

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Change In Receivables

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Strike Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Strike 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Strike Energy (ASX:STX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.672	/	8.125	*	91
=	262.17

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

Strike Energy's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	67.06	-	72.434	+	0.75 * 11.672	+	0.5 * 0.015
=	3.39

Strike Energy Change In Receivables Related Terms

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Strike Energy (ASX:STX) Business Description

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STKKF:USA RJN:Germany

Address

40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.strikeenergy.com.au

Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.