GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (TSX:TVE) » Definitions » Change In Receivables

Tamarack Valley Energy (TSX:TVE) Change In Receivables : C$0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tamarack Valley Energy Change In Receivables?

Tamarack Valley Energy's change in receivables for the quarter that ended in Mar. 2024 was C$0 Mil. It means Tamarack Valley Energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Tamarack Valley Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0 Mil. It means Tamarack Valley Energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Tamarack Valley Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$135 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. Tamarack Valley Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tamarack Valley Energy's liquidation value for the three months ended in Mar. 2024 was C$-1,917 Mil.


Tamarack Valley Energy Change In Receivables Historical Data

The historical data trend for Tamarack Valley 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.

* Premium members only.

Tamarack Valley Energy Change In Receivables Chart

Tamarack Valley Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tamarack Valley Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 - - - - -

Tamarack Valley 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 Mil.

* 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.


Tamarack Valley Energy  (TSX:TVE) 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.

Tamarack Valley Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=135.403/401.495*91
=30.77

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

Tamarack Valley Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-2018.285+0.75 * 135.403+0.5 * 0
=-1,917

* 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.


Tamarack Valley Energy Change In Receivables Related Terms

Thank you for viewing the detailed overview of Tamarack Valley Energy's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Tamarack Valley Energy (TSX:TVE) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
Executives
Christine Ezinga Senior Officer

Tamarack Valley Energy (TSX:TVE) Headlines

From GuruFocus

TVA Reports First Quarter Fiscal Year 2023 Financial Results

By PRNewswire PRNewswire 01-31-2023

TVA Reports Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-15-2022

TVA To Discuss Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-08-2022