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PetroNor E&P ASA (OSL:PNOR) Change In Receivables : kr-120.3 Mil (TTM As of Dec. 2023)


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What is PetroNor E&P ASA Change In Receivables?

PetroNor E&P ASA's change in receivables for the quarter that ended in Dec. 2023 was kr-326.5 Mil. It means PetroNor E&P ASA's Accounts Receivable increased by kr326.5 Mil from Sep. 2023 to Dec. 2023 .

PetroNor E&P ASA's change in receivables for the fiscal year that ended in Dec. 2023 was kr-319.5 Mil. It means PetroNor E&P ASA's Accounts Receivable increased by kr319.5 Mil from Dec. 2022 to Dec. 2023 .

PetroNor E&P ASA's Accounts Receivable for the quarter that ended in Dec. 2023 was kr288.2 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. PetroNor E&P ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PetroNor E&P ASA's liquidation value for the three months ended in Dec. 2023 was kr241.1 Mil.


PetroNor E&P ASA Change In Receivables Historical Data

The historical data trend for PetroNor E&P ASA'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.

PetroNor E&P ASA Change In Receivables Chart

PetroNor E&P ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 60.68 6.35 -72.41 124.80 -319.49

PetroNor E&P ASA Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 -0.49 - 206.11 -326.45

PetroNor E&P ASA 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 kr-120.3 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.


PetroNor E&P ASA  (OSL:PNOR) 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.

PetroNor E&P ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=288.178/788.283*91
=33.36

2. In Ben Graham's calculation of liquidation value, PetroNor E&P ASA's accounts receivable are only considered to be worth 75% of book value:

PetroNor E&P ASA'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)
=487.562-556.671+0.75 * 288.178+0.5 * 188.191
=241.1

* 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.


PetroNor E&P ASA Change In Receivables Related Terms

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PetroNor E&P ASA (OSL:PNOR) Business Description

Traded in Other Exchanges
Address
Froyas gate 13, Oslo, NOR, 0273
PetroNor E&P ASA is an independent oil and gas exploration and production company. The principal activities of the group are the exploration and production of crude oil.

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