FieldPoint Petroleum (FieldPoint Petroleum) Change In Receivables : $-0.08 Mil (TTM As of Mar. 2019)

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What is FieldPoint Petroleum Change In Receivables?

FieldPoint Petroleum's change in receivables for the quarter that ended in Mar. 2019 was $-0.01 Mil. It means FieldPoint Petroleum's Accounts Receivable increased by $0.01 Mil from Dec. 2018 to Mar. 2019 .

FieldPoint Petroleum's change in receivables for the fiscal year that ended in Dec. 2018 was $-0.06 Mil. It means FieldPoint Petroleum's Accounts Receivable increased by $0.06 Mil from Dec. 2017 to Dec. 2018 .

FieldPoint Petroleum's Accounts Receivable for the quarter that ended in Mar. 2019 was $0.47 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. FieldPoint Petroleum's Days Sales Outstanding for the three months ended in Mar. 2019 was 92.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FieldPoint Petroleum's liquidation value for the three months ended in Mar. 2019 was $-5.69 Mil.

FieldPoint Petroleum Change In Receivables Historical Data

The historical data trend for FieldPoint Petroleum'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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FieldPoint Petroleum Change In Receivables Chart

FieldPoint Petroleum Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

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0.48

0.47

0.21

-0.08

-0.06

FieldPoint Petroleum Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Change In Receivables	Get a 7-Day Free Trial															0.01	-0.02	-0.03	-0.02	-0.01

FieldPoint Petroleum 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

FieldPoint Petroleum (OTCPK:FPPP) 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.

FieldPoint Petroleum's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.472	/	0.467	*	91
=	92.23

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

FieldPoint Petroleum's liquidation value for the quarter that ended in Mar. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.214	-	6.259	+	0.75 * 0.472	+	0.5 * 0
=	-5.69

FieldPoint Petroleum Change In Receivables Related Terms

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FieldPoint Petroleum (FieldPoint Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FieldPoint Petroleum Corp (OTCPK:FPPP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746

Website

http://www.fppcorp.com

FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.

Executives

Daniel R Robinson

director

190 COYOTE COURT, ARGYLE TX 76226