Enerplus (Enerplus) Change In Receivables

: $5 Mil (TTM As of Dec. 2023)

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Enerplus's change in receivables for the quarter that ended in Dec. 2023 was $38 Mil. It means Enerplus's Accounts Receivable declined by $38 Mil from Sep. 2023 to Dec. 2023 .

Enerplus's change in receivables for the fiscal year that ended in Dec. 2023 was $5 Mil. It means Enerplus's Accounts Receivable declined by $5 Mil from Dec. 2022 to Dec. 2023 .

Enerplus's Accounts Receivable for the quarter that ended in Dec. 2023 was $38 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. Enerplus's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enerplus's liquidation value for the three months ended in Dec. 2023 was $-746 Mil.

Enerplus Change In Receivables Historical Data

The historical data trend for Enerplus'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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Enerplus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.26

84.69

-144.41

-45.84

5.12

Enerplus 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																40.79	44.89	-9.17	-68.22	37.63

Enerplus 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 $5 Mil.

Enerplus (NYSE:ERF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.256	/	414.537	*	91
=	8.42

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

Enerplus'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)
=	66.731	-	841.127	+	0.75 * 38.256	+	0.5 * 0
=	-746

Enerplus Change In Receivables Related Terms

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Enerplus (Enerplus) Business Description

Industry

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Traded in Other Exchanges

E17:Germany ERF:Canada

Address

3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.enerplus.com

Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.