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NuStar Energy LP (NuStar Energy LP) Accounts Receivable : $141 Mil (As of Mar. 2024)


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What is NuStar Energy LP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. NuStar Energy LP's accounts receivables for the quarter that ended in Mar. 2024 was $141 Mil.

Accounts receivable can be measured by Days Sales Outstanding. NuStar Energy LP's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 32.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. NuStar Energy LP's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-29.43.


NuStar Energy LP Accounts Receivable Historical Data

The historical data trend for NuStar Energy LP's Accounts Receivable 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.

NuStar Energy LP Accounts Receivable Chart

NuStar Energy LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.53 133.47 135.13 149.97 135.79

NuStar Energy LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 137.65 125.12 156.65 135.79 140.52

NuStar Energy LP Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


NuStar Energy LP Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=140.522/390.827*91
=32.81

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), NuStar Energy LP's accounts receivable are only considered to be worth 75% of book value:

NuStar Energy LP's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.374+0.75 * 140.522+0.5 * 18.057-3843.262
-0-0)/126.535
=-29.43

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


NuStar Energy LP Accounts Receivable Related Terms

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NuStar Energy LP (NuStar Energy LP) Business Description

Traded in Other Exchanges
Address
19003 IH-10 West, San Antonio, TX, USA, 78257
NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.
Executives
Suzanne Allford Wade director 19003 IH-10W, SAN ANTONIO TX 78257
William E Greehey director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Martin Salinas director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Eddie Arthur Grier director 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Daniel S. Oliver officer: SVP-Marketing and Bus Dev 19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A. officer: SVP and Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257
Dan J Hill director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jesse D Bates director 19003 IH-10 WEST, SAN ANTONIO TX 78257
William Grady Rosier director 1111 MILLCREEK DRIVE, SALADO TX 76571
Robert J Munch director 19003 IH-10 W, SAN ANTONIO TX 78257
Mary Rose Brown officer: EVP - Administration 19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron officer: EVP & General Counsel 19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf officer: SVP & Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257