NGL Energy Partners LP (NGL Energy Partners LP) Change In Receivables : $121.88 Mil (TTM As of Dec. 2023)

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What is NGL Energy Partners LP Change In Receivables?

NGL Energy Partners LP's change in receivables for the quarter that ended in Dec. 2023 was $156.52 Mil. It means NGL Energy Partners LP's Accounts Receivable declined by $156.52 Mil from Sep. 2023 to Dec. 2023 .

NGL Energy Partners LP's change in receivables for the fiscal year that ended in Mar. 2023 was $86.63 Mil. It means NGL Energy Partners LP's Accounts Receivable declined by $86.63 Mil from Mar. 2022 to Mar. 2023 .

NGL Energy Partners LP's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,014.96 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. NGL Energy Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NGL Energy Partners LP's liquidation value for the three months ended in Dec. 2023 was $-3,638.92 Mil.

NGL Energy Partners LP Change In Receivables Historical Data

The historical data trend for NGL Energy Partners LP'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.

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NGL Energy Partners LP Change In Receivables Chart

NGL Energy Partners LP Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-185.72

436.35

-162.03

-397.61

86.63

NGL Energy Partners LP 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															1.80	91.41	141.02	-267.07	156.52

NGL Energy Partners LP 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 $121.88 Mil.

NGL Energy Partners LP (NYSE:NGLpC.PFD) 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.

NGL Energy Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1014.962	/	1869.777	*	91
=	49.53

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

NGL Energy Partners LP'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)
=	0.738	-	4501.663	+	0.75 * 1014.962	+	0.5 * 201.575
=	-3,638.92

NGL Energy Partners LP Change In Receivables Related Terms

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NGL Energy Partners LP (NGL Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NGL Energy Partners LP (NYSE:NGLpC.PFD) » Definitions » Change In Receivables

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Traded in Other Exchanges

NGLpB.PFD:USA NGL:USA

Address

6120 South Yale Avenue, Suite 805, Tulsa, OK, USA, 74136

Website

https://www.nglenergypartners.com

NGL Energy Partners LP is a us-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil storage terminals, and owns pipeline injection stations and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants and sells propane and distillates.