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Oceaneering International (Oceaneering International) Change In Receivables : $-83 Mil (TTM As of Dec. 2023)


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What is Oceaneering International Change In Receivables?

Oceaneering International's change in receivables for the quarter that ended in Dec. 2023 was $52 Mil. It means Oceaneering International's Accounts Receivable declined by $52 Mil from Sep. 2023 to Dec. 2023 .

Oceaneering International's change in receivables for the fiscal year that ended in Dec. 2023 was $-83 Mil. It means Oceaneering International's Accounts Receivable increased by $83 Mil from Dec. 2022 to Dec. 2023 .

Oceaneering International's Accounts Receivable for the quarter that ended in Dec. 2023 was $331 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. Oceaneering International's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oceaneering International's liquidation value for the three months ended in Dec. 2023 was $-790 Mil.


Oceaneering International Change In Receivables Historical Data

The historical data trend for Oceaneering International'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.

Oceaneering International Change In Receivables Chart

Oceaneering International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.56 125.54 41.10 -50.73 -83.08

Oceaneering International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -46.88 -56.57 -31.79 52.16 -

Oceaneering International 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 $-83 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.


Oceaneering International  (NYSE:OII) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=331.326/654.629*91
=46.18

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

Oceaneering International'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)
=461.566-1604.923+0.75 * 331.326+0.5 * 209.798
=-790

* 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.


Oceaneering International Change In Receivables Related Terms

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Oceaneering International (Oceaneering International) Business Description

Traded in Other Exchanges
Address
5875 North Sam Houston Parkway, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.
Executives
Shaun Roedel officer: SVP, Mfd. Prods. 11911 FM 529, HOUSTON TX 77041
Alan R Curtis officer: SVP and CFO 11911 FM 529, HOUSTON TX 77041
Earl Childress officer: SVP, Chief Commercial Ofc. 11911 FM 529, HOUSTON TX 77041
Christopher J Dyer officer: SVP, OPGroup 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
Martin J Mcdonald officer: SVP, Subsea Robotics 11911 FM 529, HOUSTON TX 77041
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Leonardo P Granato officer: SVP, IMDS 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Jennifer Fremont Simons officer: SVP, CLO and Secretary 5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Jon Erik Reinhardsen director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
William B Berry director C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Leblanc Witland J Jr. officer: VP & CAO 11911 FM 529, HOUSTON TX 77041