CNX Resources (CNX Resources) Change In Receivables : $223 Mil (TTM As of Dec. 2023)

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What is CNX Resources Change In Receivables?

CNX Resources's change in receivables for the quarter that ended in Dec. 2023 was $-41 Mil. It means CNX Resources's Accounts Receivable increased by $41 Mil from Sep. 2023 to Dec. 2023 .

CNX Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $223 Mil. It means CNX Resources's Accounts Receivable declined by $223 Mil from Dec. 2022 to Dec. 2023 .

CNX Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was $116 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. CNX Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CNX Resources's liquidation value for the three months ended in Dec. 2023 was $-4,168 Mil.

CNX Resources Change In Receivables Historical Data

The historical data trend for CNX Resources'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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CNX Resources Change In Receivables Chart

CNX Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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205.67

57.44

-184.44

-20.27

222.75

CNX Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															129.76	210.38	35.40	17.47	-40.50

CNX Resources 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $223 Mil.

CNX Resources (NYSE:CNX) 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.

CNX Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	116.119	/	392.557	*	91
=	26.99

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

CNX Resources's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.443	-	4265.64	+	0.75 * 116.119	+	0.5 * 19.846
=	-4,168

CNX Resources Change In Receivables Related Terms

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CNX Resources (CNX Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNX Resources Corp (NYSE:CNX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CGD:Germany CGD:Germany

Address

1000 Horizon Vue Drive, Canonsburg, PA, USA, 15317-6506

Website

https://www.cnx.com

CNX Resources Corp is an independent natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

Executives

Bernard Jr Lanigan	director	150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Navneet Behl	officer: Chief Operating Officer	1000 HORIZON VUE DRIVE, CANONSBURG PA 15317
Robert Agbede	director	1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Hayley Scott	officer: Chief Risk Officer	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ravi Srivastava	officer: Vice President, Green Ventures	1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Alexander John Reyes	officer: EVP, GC & Corp. Sec.	CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Donald W. Rush	officer: EVP & Chief Financial Officer	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Alan K Shepard	officer: Vice President and CAO	1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA 15317
N J Deiuliis	director, officer: President and CEO	1800 WASHINGTON RD., PITTSBURGH PA 15421-4000
Stephanie L Gill	officer: SVP, GC and Secretary	C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Olayemi Akinkugbe	officer: Chief Excellence Officer	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ian R Mcguire	director	PO BOX 1526, ROSS CA 94957
J. Palmer Clarkson	director	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Chad A Griffith	officer: VP Commercial & VP Marketing	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Andrea D. Passman	officer: Sr VP Engineering & Operations	1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317