Bonanza Creek Energy (OLD) (Bonanza Creek Energy (OLD)) Change In Receivables : $23.5 Mil (TTM As of Sep. 2020)

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What is Bonanza Creek Energy (OLD) Change In Receivables?

Bonanza Creek Energy (OLD)'s change in receivables for the quarter that ended in Sep. 2020 was $-0.3 Mil. It means Bonanza Creek Energy (OLD)'s Accounts Receivable increased by $0.3 Mil from Jun. 2020 to Sep. 2020 .

Bonanza Creek Energy (OLD)'s change in receivables for the fiscal year that ended in Dec. 2019 was $-2.7 Mil. It means Bonanza Creek Energy (OLD)'s Accounts Receivable increased by $2.7 Mil from Dec. 2018 to Dec. 2019 .

Bonanza Creek Energy (OLD)'s Accounts Receivable for the quarter that ended in Sep. 2020 was $48.1 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. Bonanza Creek Energy (OLD)'s Days Sales Outstanding for the three months ended in Sep. 2020 was 74.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bonanza Creek Energy (OLD)'s liquidation value for the three months ended in Sep. 2020 was $-121.8 Mil.

Bonanza Creek Energy (OLD) Change In Receivables Historical Data

The historical data trend for Bonanza Creek Energy (OLD)'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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Bonanza Creek Energy (OLD) Change In Receivables Chart

Bonanza Creek Energy (OLD) Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Change In Receivables

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35.23

35.28

-46.99

-2.69

Bonanza Creek Energy (OLD) Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Change In Receivables	Get a 7-Day Free Trial															-17.04	-0.74	19.18	5.34	-0.26

Bonanza Creek Energy (OLD) 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.5 Mil.

Bonanza Creek Energy (OLD) (NYSE:BCEI) 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.

Bonanza Creek Energy (OLD)'s Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48.103	/	58.858	*	91
=	74.58

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

Bonanza Creek Energy (OLD)'s liquidation value for the quarter that ended in Sep. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.777	-	165.823	+	0.75 * 48.103	+	0.5 * 8.336
=	-121.8

Bonanza Creek Energy (OLD) Change In Receivables Related Terms

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Bonanza Creek Energy (OLD) (Bonanza Creek Energy (OLD)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bonanza Creek Energy Inc (OLD) (NYSE:BCEI) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

410 17th Street, Suite 1400, Denver, CO, USA, 80202

Website

http://www.bonanzacrk.com

Bonanza Creek Energy Inc is an exploration and production company. It is engaged in the extraction of oil and associated liquids-rich natural gas in the United States. Its operations are focused in Rocky Mountain and in the Mid-Continent region.

Executives

Sandra Garbiso	officer: Vice President and CAO	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Marter Iv Cyrus D	officer: EVP, General Counsel & Secy.	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Dean Tinsley	officer: SVP, Operations	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager	director, officer: President and CEO	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Brant Demuth	officer: EVP & Chief Financial Officer	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Carrie L Hudak	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Jeff E Wojahn	director	CIVITAS RESOURCES, INC., 410 17TH, DENVER CO 80202
Brian Steck	director	410-17TH STREET, SUITE 1400, DENVER CO 80202
Jack E. Vaughn	director	410-17TH STREET, SUITE 1400, DENVER CO 80202
Scott D. Vogel	director	885 PARK AVENUE, NEW YORK NY 10075
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Tyree Thomas B Jr	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Scott A Fenoglio	officer: SVP, Finance & Planning	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Ramon Moore	officer: SVP Land	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Whitebox Advisors Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416