Trinidad Drilling (Trinidad Drilling) Change In Receivables : $0.0 Mil (TTM As of Sep. 2018)

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

What is Trinidad Drilling Change In Receivables?

Trinidad Drilling's change in receivables for the quarter that ended in Sep. 2018 was $0.0 Mil. It means Trinidad Drilling's Accounts Receivable stayed the same from Jun. 2018 to Sep. 2018 .

Trinidad Drilling's change in receivables for the fiscal year that ended in Dec. 2017 was $0.0 Mil. It means Trinidad Drilling's Accounts Receivable stayed the same from Dec. 2016 to Dec. 2017 .

Trinidad Drilling's Accounts Receivable for the quarter that ended in Sep. 2018 was $113.2 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. Trinidad Drilling's Days Sales Outstanding for the three months ended in Sep. 2018 was 77.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trinidad Drilling's liquidation value for the three months ended in Sep. 2018 was $-367.8 Mil.

Trinidad Drilling Change In Receivables Historical Data

The historical data trend for Trinidad Drilling'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.

Trinidad Drilling Change In Receivables Chart

Trinidad Drilling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Change In Receivables

Get a 7-Day Free Trial

Trinidad Drilling 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															-	-	-	-	-

Trinidad Drilling 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 $0.0 Mil.

Trinidad Drilling (OTCPK:TDGCF) 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.

Trinidad Drilling's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	113.164	/	134.105	*	91
=	77.00

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

Trinidad Drilling'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)
=	5.19	-	460.046	+	0.75 * 113.164	+	0.5 * 4.296
=	-367.8

Trinidad Drilling Change In Receivables Related Terms

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

Trinidad Drilling (Trinidad Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad Drilling Ltd (OTCPK:TDGCF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.trinidaddrilling.com

Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.

Trinidad Drilling (Trinidad Drilling) Headlines

From GuruFocus

Trinidad Drilling Ltd. Shows Progress on Strategic Review with Sale of Saudi Arabian Rigs

By GlobeNewswire GlobeNewswire • 04-12-2018