Golar LNG (Golar LNG) Change In Receivables

: $3.4 Mil (TTM As of Dec. 2023)

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Golar LNG's change in receivables for the quarter that ended in Dec. 2023 was $-4.5 Mil. It means Golar LNG's Accounts Receivable increased by $4.5 Mil from Sep. 2023 to Dec. 2023 .

Golar LNG's change in receivables for the fiscal year that ended in Dec. 2023 was $3.4 Mil. It means Golar LNG's Accounts Receivable declined by $3.4 Mil from Dec. 2022 to Dec. 2023 .

Golar LNG's Accounts Receivable for the quarter that ended in Dec. 2023 was $38.9 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. Golar LNG's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golar LNG's liquidation value for the three months ended in Dec. 2023 was $-773.1 Mil.

Golar LNG Change In Receivables Historical Data

The historical data trend for Golar LNG'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 39.45 [6] => 1.63 [7] => -2.94 [8] => -10.55 [9] => 3.38 )

Golar LNG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

39.45

1.63

-2.94

-10.55

3.38

Golar LNG 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																13.97	5.38	-0.68	3.17	-4.49

Golar LNG 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 $3.4 Mil.

Golar LNG (NAS:GLNG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	38.915	/	79.679	*	91
=	44.57

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

Golar LNG'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)
=	679.225	-	1481.544	+	0.75 * 38.915	+	0.5 * 0
=	-773.1

Golar LNG Change In Receivables Related Terms

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Golar LNG (Golar LNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Change In Receivables

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INSW KNTK HESM NS TNK DHT VNOM LPG GLP PAGP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

GLNG:Mexico G2O:Germany G20:Germany G2O:Germany

Address

9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlng.com

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.