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Surgutneftegas PJSC (Surgutneftegas PJSC) Accounts Receivable : $1,621 Mil (As of Jun. 2023)


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What is Surgutneftegas PJSC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Surgutneftegas PJSC's accounts receivables for the quarter that ended in Jun. 2023 was $1,621 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Surgutneftegas PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 was 26.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Surgutneftegas PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-2.09.


Surgutneftegas PJSC Accounts Receivable Historical Data

The historical data trend for Surgutneftegas PJSC's Accounts Receivable 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.

Surgutneftegas PJSC Accounts Receivable Chart

Surgutneftegas PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,472.21 1,589.50 1,618.23 1,558.23 1,105.34

Surgutneftegas PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23
Accounts Receivable 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 1,558.23 932.56 1,105.34 1,651.64 1,620.81

Surgutneftegas PJSC Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Surgutneftegas PJSC Accounts Receivable 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.

Surgutneftegas PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1620.806/11303.257*91
=26.17

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Surgutneftegas PJSC's accounts receivable are only considered to be worth 75% of book value:

Surgutneftegas PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(475.659+0.75 * 1620.806+0.5 * 1443.783-9882.121
-0-5.384)/3572.53
=-2.09

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Surgutneftegas PJSC Accounts Receivable Related Terms

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Surgutneftegas PJSC (Surgutneftegas PJSC) Business Description

Traded in Other Exchanges
Address
ul. Grigoriya Kukuyevitskogo 1, Building No. 1, Khanty-Mansiysky Autonomous Okrug - Yugra, Tyumenskaya Oblast, Surgut, RUS, 628415
Surgutneftegas PJSC or simply Surgutneftegas, is a Russian-based integrated oil and gas company. The company's operations include exploration, production, refinement, and sales of oil and gas. Upstream, it produces oil and gas from fields concentrated in Eastern and Western Serbia. Much of its upstream revenue comes from exporting crude oil. Downstream, Surgutneftegas refines, markets, distributes and sells refined oil products such as gasoline and diesel fuels. Included in its distribution network are oil storage depots, tanker trucks, and filling stations. Similar to its upstream operations, the majority of downstream revenue comes from exporting refined oil products.

Surgutneftegas PJSC (Surgutneftegas PJSC) Headlines

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