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Permian Resources (Permian Resources) Accounts Receivable : $1 Mil (As of Mar. 2024)


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What is Permian Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Permian Resources's accounts receivables for the quarter that ended in Mar. 2024 was $1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Permian Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 0.10.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Permian Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-13.93.


Permian Resources Accounts Receivable Historical Data

The historical data trend for Permian Resources'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.

Permian Resources Accounts Receivable Chart

Permian Resources 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 76.78 41.79 58.85 1.21 3.69

Permian Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 207.46 169.55 230.96 3.69 1.42

Permian Resources Accounts Receivable Calculation

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


Permian Resources 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.

Permian Resources's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.421/1242.999*91
=0.10

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

Permian Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(12.692+0.75 * 1.421+0.5 * 0-5733.113
-0-2390.115)/582.263
=-13.93

* 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.


Permian Resources Accounts Receivable Related Terms

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Permian Resources (Permian Resources) Business Description

Traded in Other Exchanges
Address
300 N. Marienfeld Street, Suite 1000, Midland, TX, USA, 79701
Permian Resources Corp is an independent oil and natural gas company focused on generating outsized returns to stakeholders through the responsible acquisition, optimization and development of oil and liquids-rich natural gas assets.
Executives
Guy M Oliphint officer: EVP, Chief Financial Officer C/O PENNIAN RESOURCES CORPORATION, I300 N. MARIENFELD ST., SUITE 1000, MIDLAND TX 79701
Silver Run Sponsor, Llc 10 percent owner 1000 LOUISIANA STREET, SUITE 1450, C/O RIVERSTONE EQUITY, HOUSTON TX 77002
Encap Energy Capital Fund Viii, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Ngp Xi Us Holdings, L.p. 10 percent owner 2850 N HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Riverstone Non-eci Usrpi Aiv, L.p. 10 percent owner C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rel Us Centennial Holdings, Llc 10 percent owner C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Robert John Anderson director 1400 WOODLOCH FOREST DRIVE, SUITE 300, THE WOODLANDS TX 77380
U.s. Bank Trust Company, National Association 10 percent owner 111 SW FIFTH AVENUE, PORTLAND OR 97204
Encap Energy Capital Fund Xi, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Frost W. Cochran director 34 S. WYNDEN DR, STE 300, HOUSTON TX 77056
Encap Energy Capital Fund Ix, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Bold Energy Holdings, Llc 10 percent owner 600 N. MARIENFELD ST., SUITE 1000, MIDLAND TX 79701
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Brent P Jensen officer: SVP, Chief Accounting Officer C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1401 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
John Charles Bell officer: EVP & General Counsel C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 SEVENTEENTH STREET, SUITE 1800, DENVER CO 80202