First National Energy (First National Energy) Change In Receivables : $0.00 Mil (TTM As of Sep. 2023)

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What is First National Energy Change In Receivables?

First National Energy's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means First National Energy's Accounts Receivable stayed the same from Dec. 2022 to Sep. 2023 .

First National Energy's change in receivables for the fiscal year that ended in Dec. 2022 was $-0.09 Mil. It means First National Energy's Accounts Receivable increased by $0.09 Mil from Dec. 2021 to Dec. 2022 .

First National Energy's Accounts Receivable for the quarter that ended in Sep. 2023 was $0.01 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. First National Energy's Days Sales Outstanding for the three months ended in Sep. 2023 was 91.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First National Energy's liquidation value for the three months ended in Sep. 2023 was $-0.82 Mil.

First National Energy Change In Receivables Historical Data

The historical data trend for First National 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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First National Energy Change In Receivables Chart

First National Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.01

0.01

-0.09

First National Energy Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Dec19	Dec20	Dec21	Sep22	Dec22	Sep23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

First National 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

First National Energy (OTCPK:FNEC) 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.

First National Energy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.01	/	0.01	*	91
=	91.25

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

First National Energy'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)
=	0.014	-	0.844	+	0.75 * 0.01	+	0.5 * 0
=	-0.82

First National Energy Change In Receivables Related Terms

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First National Energy (First National Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » First National Energy Corp (OTCPK:FNEC) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

C/o Peter Wanner, 44 Greystone Crescent, Suite 200, Georgetown, ON, CAN, L7G 1G9

Website

https://www.firstnationalenergy.com

First National Energy Corp is engaged in the provision of wind-driven solutions for the solar and hybrid power generation market. Its projects include Zero Carbon World, Propulsion Systems, Diesel Group System, and Vertical Axis Wind Turbine. All assets of the business are located in the United States of America.

Executives

Lubi Enterprises Inc.	10 percent owner	1551 SECOND STREET, SARASOTA FL 34236
Gianni Guido Caputo	director, officer: Vice President/Secretary	2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Gregory Dale Sheller	director, officer: CEO/President/Director	2000 WEBBER STREET, #3113, SARASOTA FL 34238
Douglas Warren Lindeblom	director, officer: P,CEO	2000 WEBBER STREET, SUITE 3113, SARASOTA FL 34239
Peter Wanner	director, officer: Treasurer, CFO	SUITE 200, 44 GREYSTONE CRESCENT, GEORGETOWN A6 L7G 1G9

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