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SM Energy Co (SM Energy Co) Change In Receivables

: $0 Mil (TTM As of Dec. 2023)
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SM Energy Co's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means SM Energy Co's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

SM Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-10 Mil. It means SM Energy Co's Accounts Receivable increased by $10 Mil from Dec. 2022 to Dec. 2023 .

SM Energy Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $231 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. SM Energy Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SM Energy Co's liquidation value for the three months ended in Dec. 2023 was $-1,975 Mil.


SM Energy Co Change In Receivables Historical Data

The historical data trend for SM Energy 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.

SM Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -39.56 29.10 -101.05 38.55 -10.19

SM Energy Co 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 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

SM Energy 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.


SM Energy Co  (NYSE:SM) 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.

SM Energy Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=231.165/606.857*91
=34.76

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

SM Energy Co'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)
=616.164-2764.135+0.75 * 231.165+0.5 * 0
=-1,975

* 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.


SM Energy Co Change In Receivables Related Terms

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SM Energy Co (SM Energy Co) Business Description

Industry
Traded in Other Exchanges
Address
1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.
Executives
Julio M Quintana director 3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
Ramiro G Peru director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46260
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Patrick A Lytle officer: Controller and PAO 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Julie Gray officer: Vice President Marketing 1700 LINCOLN STREET, SUITE 3200, DENVER CO 80203
Herbert S Vogel officer: Sr VP Portf Dev & Tech Servs 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
James Barker Lebeck officer: SVP & General Counsel 1700 LINCOLN STREET, SUITE 3200, DENVER CO 80203
David W Copeland officer: EVP, GC & Corp. Sec. 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
David J. Whitcomb officer: VP-Marketing 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Mary Ellen Lutey officer: VP & Regional Manager 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Anita M. Powers director 9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
William D Sullivan director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Kenneth J. Knott officer: VP- Land & Asst. Secretary 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Javan D Ottoson officer: Executive VP & COO ST. MARY LAND & EXPLORATION COMPANY, 1776 LINCOLN STREET, SUITE 700, DENVER CO 80203
Carla Jean Bailo director 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203