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Total SA (NYSE:TOT)
Change In Receivables
$0 Mil (As of Dec. 2016)

Total SA's change in receivables for the quarter that ended in Dec. 2016 was $0 Mil. It means Total SA's accounts receivables stayed the same from Sep. 2016 to Dec. 2016 .

Total SA's change in receivables for the fiscal year that ended in Dec. 2016 was $-1,916 Mil. It means Total SA's accounts receivables declined by $1,916 Mil from Dec. 2015 to Dec. 2016 .

Total SA's accounts receivables for the quarter that ended in Dec. 2016 was $12,213 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 receivables are being managed. Total SA's days sales outstanding for the three months ended in Dec. 2016 was 30.23.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Total SA's liquidation value for the three months ended in Dec. 2016 was $-86,370 Mil.


Definition

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.


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 receivables are being managed.

Total SA's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=12213/36867*91
=30.23

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

Total SA's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=29145-132298+0.75 * 12213+0.5 * 15247
=-86,370

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Total SA Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ChangeInReceivables -4,3204,485-493-3,607-1,6681,0143,3095,9164,153-1,916

Total SA Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ChangeInReceivables 0000000000
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