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Newfield Exploration Co (Newfield Exploration Co) Change In Receivables : $-106 Mil (TTM As of Sep. 2018)


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What is Newfield Exploration Co Change In Receivables?

Newfield Exploration Co's change in receivables for the quarter that ended in Sep. 2018 was $-35 Mil. It means Newfield Exploration Co's Accounts Receivable increased by $35 Mil from Jun. 2018 to Sep. 2018 .

Newfield Exploration Co's change in receivables for the fiscal year that ended in Dec. 2017 was $-60 Mil. It means Newfield Exploration Co's Accounts Receivable increased by $60 Mil from Dec. 2016 to Dec. 2017 .

Newfield Exploration Co's Accounts Receivable for the quarter that ended in Sep. 2018 was $260 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. Newfield Exploration Co's Days Sales Outstanding for the three months ended in Sep. 2018 was 33.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Newfield Exploration Co's liquidation value for the three months ended in Sep. 2018 was $-3,334 Mil.


Newfield Exploration Co Change In Receivables Historical Data

The historical data trend for Newfield Exploration Co'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.

Newfield Exploration Co Change In Receivables Chart

Newfield Exploration Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -62.00 47.00 83.00 22.00 -60.00

Newfield Exploration Co Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -53.00 -15.00 -35.00 -21.00 -35.00

Newfield Exploration Co 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-106 Mil.

* 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.


Newfield Exploration Co  (NYSE:NFX) 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.

Newfield Exploration Co's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=260/711*91
=33.37

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

Newfield Exploration Co's liquidation value for the quarter that ended in Sep. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=264-3805+0.75 * 260+0.5 * 25
=-3,334

* 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.


Newfield Exploration Co Change In Receivables Related Terms

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Newfield Exploration Co (Newfield Exploration Co) Business Description

Traded in Other Exchanges
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Address
Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.
Executives
Roger B Plank director
James Kent Wells director 1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Giesinger Edgar R. Jr. director 1915 SANDGATE FALLS, HOUSTON TX 77062
J Terry Strange director 700 LOUISIANA STREET, SUITE 3000, HOUSTON TX 77002
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Timothy D. Yang officer: General Counsel and Secretary 1415 LOUISIANA STREET, SUITE 1600, HOUSTON TX 77002
Valerie A Mitchell officer: VP-Mid-Continent 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Kemp John Randolph Iii director 3106 NOBLE LAKES LANE, HOUSTON TX 77082-6809
Clay M Gaspar officer: VP-Mid-Continent 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Terry W Rathert officer: EVP and Senior Advisor 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Richard K Stoneburner director
Howard H Newman director C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Joseph H Netherland director 35 ELECTRA CIRCLE, THE WOODLANDS TX 77382
J M Lacey director 1726 FORREST PARKWAY, DENVER CO 80220