SBM Offshore NV (SBM Offshore NV) Change In Receivables : $-2,832 Mil (TTM As of Dec. 2023)

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What is SBM Offshore NV Change In Receivables?

SBM Offshore NV's change in receivables for the quarter that ended in Dec. 2023 was $-1,382 Mil. It means SBM Offshore NV's Accounts Receivable increased by $1,382 Mil from Jun. 2023 to Dec. 2023 .

SBM Offshore NV's change in receivables for the fiscal year that ended in Dec. 2023 was $-2,832 Mil. It means SBM Offshore NV's Accounts Receivable increased by $2,832 Mil from Dec. 2022 to Dec. 2023 .

SBM Offshore NV's Accounts Receivable for the quarter that ended in Dec. 2023 was $200 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. SBM Offshore NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 14.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SBM Offshore NV's liquidation value for the six months ended in Dec. 2023 was $-10,879 Mil.

SBM Offshore NV Change In Receivables Historical Data

The historical data trend for SBM Offshore NV'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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SBM Offshore NV Change In Receivables Chart

SBM Offshore NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-39.00

-166.00

-139.00

-3,048.00

-2,832.00

SBM Offshore NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															605.00	-1,372.00	-1,676.00	-1,450.00	-1,382.00

SBM Offshore NV 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 semi-annually data reported by the company within the most recent 12 months, which was $-2,832 Mil.

SBM Offshore NV (OTCPK:SBFFY) 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.

SBM Offshore NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	200	/	2512	*	91
=	14.53

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

SBM Offshore NV'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)
=	543	-	11646	+	0.75 * 200	+	0.5 * 148
=	-10,879

SBM Offshore NV Change In Receivables Related Terms

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SBM Offshore NV (SBM Offshore NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SBM Offshore NV (OTCPK:SBFFY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SBFFF:USA SBMO:Netherlands SBMOa:UK 0NIS:UK IHCB:Germany

Address

Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL

Website

https://www.sbmoffshore.com

SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.