Key Energy Services (Key Energy Services) Change In Receivables : $39.3 Mil (TTM As of Sep. 2020)

View and export this data going back to 1992. Start your Free Trial

What is Key Energy Services Change In Receivables?

Key Energy Services's change in receivables for the quarter that ended in Sep. 2020 was $-6.3 Mil. It means Key Energy Services's Accounts Receivable increased by $6.3 Mil from Jun. 2020 to Sep. 2020 .

Key Energy Services's change in receivables for the fiscal year that ended in Dec. 2019 was $22.3 Mil. It means Key Energy Services's Accounts Receivable declined by $22.3 Mil from Dec. 2018 to Dec. 2019 .

Key Energy Services's Accounts Receivable for the quarter that ended in Sep. 2020 was $26.4 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. Key Energy Services's Days Sales Outstanding for the three months ended in Sep. 2020 was 56.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Key Energy Services's liquidation value for the three months ended in Sep. 2020 was $-147.8 Mil.

Key Energy Services Change In Receivables Historical Data

The historical data trend for Key Energy Services'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.

Key Energy Services Change In Receivables Chart

Key Energy Services Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Change In Receivables

Get a 7-Day Free Trial

151.49

41.57

0.67

-5.22

22.25

Key Energy Services 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															4.05	15.78	5.16	24.69	-6.35

Key Energy Services 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 $39.3 Mil.

Key Energy Services (OTCPK:KEGX) 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.

Key Energy Services's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.433	/	42.911	*	91
=	56.21

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

Key Energy Services'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)
=	4.542	-	178.867	+	0.75 * 26.433	+	0.5 * 13.415
=	-147.8

Key Energy Services Change In Receivables Related Terms

Thank you for viewing the detailed overview of Key Energy Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Key Energy Services (Key Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Key Energy Services Inc (OTCPK:KEGX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1301 McKinney Street, Suite 1800, Houston, TX, USA, 77010

Website

https://www.keyenergy.com

Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.

Executives

Louis Coale	officer: VP and Controller	41 ROLLING LINKS SPRING TX 77386
Nelson Haight	officer: Chief Financial Officer	4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Marcus C Rowland	director	920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Alan B. Menkes	director	1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Katherine Hargis	officer: VP, CLO and Secretary	1301 MCKINNEY STREET SUITE 1800 HOUSTON TX 77010
Sherman Iii Edmiston	director	ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Wommack H H Iii	director	SOUTHWEST ROYALTIES INC, 407 N BIG SPRING STREET SUITE 300, MIDLAND TX 79701
Jacob Kotzubei	director	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
J Marshall Dodson	officer: President, CEO, Interim CFO	C/O KEY ENERGY SERVICES, INC. 1301 MCKINNEY STREET, SUITE 1800 HOUSTON TX 77010
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Blackrock Inc.	10 percent owner	50 HUDSON YARDS, NEW YORK NY 10001
Bluemountain Capital Management, Llc	10 percent owner	280 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10017
Bluemountain Gp Holdings, Llc	10 percent owner	280 PARK AVENUE,, 12TH FLOOR, NEW YORK NY 10017
Blue Mountain Credit Alternatives Master Fund L.p.	10 percent owner	C/O BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017