TechnipFMC (TechnipFMC) Change In Receivables

: $-228 Mil (TTM As of Dec. 2023)

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TechnipFMC's change in receivables for the quarter that ended in Dec. 2023 was $360 Mil. It means TechnipFMC's Accounts Receivable declined by $360 Mil from Sep. 2023 to Dec. 2023 .

TechnipFMC's change in receivables for the fiscal year that ended in Dec. 2023 was $-228 Mil. It means TechnipFMC's Accounts Receivable increased by $228 Mil from Dec. 2022 to Dec. 2023 .

TechnipFMC's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,138 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. TechnipFMC's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TechnipFMC's liquidation value for the three months ended in Dec. 2023 was $-4,119 Mil.

TechnipFMC Change In Receivables Historical Data

The historical data trend for TechnipFMC'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.

TechnipFMC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-142.50

433.40

-73.10

-160.20

-227.70

TechnipFMC 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																214.90	-392.10	-86.00	-109.50	359.90

TechnipFMC 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 $-228 Mil.

TechnipFMC (NYSE:FTI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1138.1	/	2077.7	*	91
=	49.98

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

TechnipFMC'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)
=	962.1	-	6484.5	+	0.75 * 1138.1	+	0.5 * 1100.3
=	-4,119

TechnipFMC Change In Receivables Related Terms

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TechnipFMC (TechnipFMC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (NYSE:FTI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1T1:Germany 1T1:Germany T1EC34:Brazil FTI:Austria

Address

13460 Lockwood Road, Houston, TX, USA, 77044

Website

https://www.technipfmc.com

TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

Executives

Cristina Aalders	officer: EVP, Chief Legal Officer & Sec	ONE SUBSEA LANE, HOUSTON TX 77044
De Carvalho Filho Eleazar	director	HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Robert G Gwin	director	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Jonathan Landes	officer: President Subsea	ONE SUBSEA LANE, HOUSTON TX 77044
Thierry Conti	officer: President, Surface	ONE SUBSEA LANE, HOUSTON TX 77044
Luana Duffe	officer: EVP, New Energy Ventures	ONE SUBSEA LANE, HOUSTON TX 77044
Nisha P. Rai	officer: EVP, People & Culture	ONE SUBSEA LANE, HOUSTON TX 77044
Rousset Sophie Zurquiyah	director	C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Alf Melin	officer: EVP & Chief Financial Officer	ONE SUBSEA LANE, HOUSTON TX 77044
Victoria Lazar	officer: EVP, General Counsel & Sec	ONE SUBSEA LANE, HOUSTON TX 77044
Margareth Oevrum	director	FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Oleary John C G	director	C/O TECHNIPFMC PLC, HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Olivier Piou	director	ONE ST. PAUL'S CHURCHYARD, LONDON X0 EC4M 8AP
Maryann T. Mannen	officer: EVP & Chief Financial Officer	C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Catherine Macgregor	officer: President Onshore/Offshore	6 ALLEE DE LARCHE FAUBOURG DE LARCHE, ZAC DANTON, COURBEVOIE I0 92400