GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Chesapeake Energy Corp (NAS:CHK) » Definitions » Accounts Receivable
中文

Chesapeake Energy (Chesapeake Energy) Accounts Receivable : $406 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Chesapeake Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chesapeake Energy's accounts receivables for the quarter that ended in Dec. 2023 was $406 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chesapeake Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 20.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chesapeake Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-17.31.


Chesapeake Energy Accounts Receivable Historical Data

The historical data trend for Chesapeake Energy'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.

Chesapeake Energy Accounts Receivable Chart

Chesapeake Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 737.00 589.00 922.00 1,171.00 406.00

Chesapeake Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,171.00 592.00 425.00 483.00 406.00

Chesapeake Energy Accounts Receivable Calculation

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


Chesapeake Energy 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=406/1809*91
=20.48

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

Chesapeake Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(1079+0.75 * 406+0.5 * 0-3647
-0-0)/130.79
=-17.31

* 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.


Chesapeake Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Chesapeake Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Chesapeake Energy (Chesapeake Energy) Business Description

Traded in Other Exchanges
Address
6100 North Western Avenue, Oklahoma City, OK, USA, 73118
Chesapeake Energy Corp is a us-based exploration and production company. It is engaged in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids from underground reservoirs. Geographically, the company focuses on areas of Marcellus, Northern Appalachian Basin in Pennsylvania; Haynesville, Northwestern Louisiana (Gulf Coast); and Eagle Ford, South Texas.
Executives
Michael Wichterich director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Dell'osso Domenic J Jr officer: Exec. Vice President & CFO 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Joshua J. Viets officer: EVP & COO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Intermediate Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco Gp L.l.c. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine Ml Holdco L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Bx Vine (pub) Aggregator L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Brookfield Us Inc. 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Ocm Xi Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Ocm Xb Chk Holdings, Llc 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Brookfield Public Securities Group Holdings Llc 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
Gregory M. Larson officer: VP-Accounting & Controller 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mohit Singh officer: EVP & CFO 6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118