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Occidental Petroleum (Occidental Petroleum) Change In Receivables

: $1,088 Mil (TTM As of Dec. 2023)
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Occidental Petroleum's change in receivables for the quarter that ended in Dec. 2023 was $479 Mil. It means Occidental Petroleum's Accounts Receivable declined by $479 Mil from Sep. 2023 to Dec. 2023 .

Occidental Petroleum's change in receivables for the fiscal year that ended in Dec. 2023 was $1,088 Mil. It means Occidental Petroleum's Accounts Receivable declined by $1,088 Mil from Dec. 2022 to Dec. 2023 .

Occidental Petroleum's Accounts Receivable for the quarter that ended in Dec. 2023 was $3,195 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. Occidental Petroleum's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Occidental Petroleum's liquidation value for the three months ended in Dec. 2023 was $-38,826 Mil.


Occidental Petroleum Change In Receivables Historical Data

The historical data trend for Occidental Petroleum'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.

Occidental Petroleum 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 401.00 2,062.00 -2,086.00 -97.00 1,088.00

Occidental Petroleum 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 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 -235.00 1,010.00 422.00 -823.00 479.00

Occidental Petroleum 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 $1,088 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.


Occidental Petroleum  (NYSE:OXY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3195/7172*91
=40.65

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

Occidental Petroleum'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)
=1426-43659+0.75 * 3195+0.5 * 2022
=-38,826

* 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.


Occidental Petroleum Change In Receivables Related Terms

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Occidental Petroleum (Occidental Petroleum) Business Description

Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2022, the company reported net proved reserves of 3.8 billion barrels of oil equivalent. Net production averaged 1,159 thousand barrels of oil equivalent per day in 2022 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
Executives
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Sylvia J Kerrigan officer: SVP & Chief Legal Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Claire Oneill director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Kenneth B. Robinson director 6301 FITCH PATH, NEW ALBANY OH 43054
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Bob Shearer director 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jack B Moore director 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew Gould director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE 17TH FLOOR, HOUSTON TX 77056
Neil R Ackerman officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Sunil Mathew officer: Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Jeff F Simmons officer: Senior Vice President 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher O Champion officer: VP, CAO and Controller 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Vicki A. Hollub officer: Vice President 5 GREENWAY PLAZA, HOUSTON TX 77046
Avedick Baruyr Poladian director 701 WESTERN AVENUE, GLENDALE CA 91201
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131

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