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Natural Resources Partners LP (Natural Resources Partners LP) Accounts Receivable : $41.1 Mil (As of Dec. 2023)


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What is Natural Resources Partners LP Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Natural Resources Partners LP's accounts receivables for the quarter that ended in Dec. 2023 was $41.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Natural Resources Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 49.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Natural Resources Partners LP's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-17.73.


Natural Resources Partners LP Accounts Receivable Historical Data

The historical data trend for Natural Resources Partners LP'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.

Natural Resources Partners LP Accounts Receivable Chart

Natural Resources Partners LP 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 30.87 12.32 24.54 42.70 41.09

Natural Resources Partners LP 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 42.70 36.51 37.12 38.57 41.09

Natural Resources Partners LP Accounts Receivable Calculation

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


Natural Resources Partners LP 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.

Natural Resources Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41.086/76.398*91
=49.07

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

Natural Resources Partners LP'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)
=(11.989+0.75 * 41.086+0.5 * 0-266.822
-0-0)/12.6346
=-17.73

* 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.


Natural Resources Partners LP Accounts Receivable Related Terms

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Natural Resources Partners LP (Natural Resources Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Executives
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman officer: General Counsel & Secretary 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo officer: CEO of VantaCore 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet officer: Chief Accounting Officer 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig officer: VP of Business Development PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira director 1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc 10 percent owner 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii director 235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz officer: VP, Oil and Gas 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre director 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas officer: Chief Accounting Officer 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez officer: CFO and Treasurer 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker officer: Vice President - Aggregates 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002