Abraxas Petroleum (STU:AXOA) Change In Receivables : €8.05 Mil (TTM As of Dec. 2022)

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What is Abraxas Petroleum Change In Receivables?

Abraxas Petroleum's change in receivables for the quarter that ended in Dec. 2022 was €0.42 Mil. It means Abraxas Petroleum's Accounts Receivable declined by €0.42 Mil from Sep. 2022 to Dec. 2022 .

Abraxas Petroleum's change in receivables for the fiscal year that ended in Dec. 2022 was €8.11 Mil. It means Abraxas Petroleum's Accounts Receivable declined by €8.11 Mil from Dec. 2021 to Dec. 2022 .

Abraxas Petroleum's Accounts Receivable for the quarter that ended in Dec. 2022 was €4.61 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. Abraxas Petroleum's Days Sales Outstanding for the three months ended in Dec. 2022 was 45.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abraxas Petroleum's liquidation value for the three months ended in Dec. 2022 was €-2.71 Mil.

Abraxas Petroleum Change In Receivables Historical Data

The historical data trend for Abraxas Petroleum'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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Abraxas Petroleum Change In Receivables Chart

Abraxas Petroleum Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-6.63

17.99

7.89

-3.10

8.11

Abraxas Petroleum Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Change In Receivables	Get a 7-Day Free Trial															1.12	5.48	-0.27	2.42	0.42

Abraxas Petroleum 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €8.05 Mil.

Abraxas Petroleum (STU:AXOA) 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.

Abraxas Petroleum's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.605	/	9.217	*	91
=	45.59

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

Abraxas Petroleum's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.715	-	8.883	+	0.75 * 4.605	+	0.5 * 0
=	-2.71

Abraxas Petroleum Change In Receivables Related Terms

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Abraxas Petroleum (STU:AXOA) Business Description

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Address

19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259

Website

http://www.abraxaspetroleum.com

Abraxas Petroleum Corp is an independent energy company. It is primarily engaged in the acquisition, exploration, development, and production of oil and gas in the United States. The company's oil and gas assets are located in two operating regions, the Permian/Delaware Basin and the Rocky Mountain. It produces oil and gas from multiple stacked formations and various reservoirs, primarily the Bakken, Three Forks, and Red River formations. It generates the vast majority of its revenue from oil sales.

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