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Terrace Energy (TSXV:TZR.H) Change In Receivables : C$0.01 Mil (TTM As of Jan. 2024)


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What is Terrace Energy Change In Receivables?

Terrace Energy's change in receivables for the quarter that ended in Jan. 2024 was C$-0.00 Mil. It means Terrace Energy's Accounts Receivable increased by C$0.00 Mil from Oct. 2023 to Jan. 2024 .

Terrace Energy's change in receivables for the fiscal year that ended in Jan. 2024 was C$0.01 Mil. It means Terrace Energy's Accounts Receivable declined by C$0.01 Mil from Jan. 2023 to Jan. 2024 .

Terrace Energy's Accounts Receivable for the quarter that ended in Jan. 2024 was C$0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Terrace Energy's liquidation value for the three months ended in Jan. 2024 was C$0.44 Mil.


Terrace Energy Change In Receivables Historical Data

The historical data trend for Terrace 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.

Terrace Energy Change In Receivables Chart

Terrace Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 0.01

Terrace Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.01 - - 0.01 -

Terrace 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.01 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.


Terrace Energy  (TSXV:TZR.H) 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.

Terrace Energy's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.002/0*91
=

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

Terrace Energy's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.459-0.025+0.75 * 0.002+0.5 * 0
=0.44

* 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.


Terrace Energy Change In Receivables Related Terms

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Terrace Energy (TSXV:TZR.H) Business Description

Traded in Other Exchanges
Address
1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2
Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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