China Oilfield Services (China Oilfield Services) Change In Receivables : $0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is China Oilfield Services Change In Receivables?

China Oilfield Services's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means China Oilfield Services's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

China Oilfield Services's change in receivables for the fiscal year that ended in Dec. 2023 was $-47 Mil. It means China Oilfield Services's Accounts Receivable increased by $47 Mil from Dec. 2022 to Dec. 2023 .

China Oilfield Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,248 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. China Oilfield Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 145.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. China Oilfield Services's liquidation value for the three months ended in Mar. 2024 was $-2,318 Mil.

China Oilfield Services Change In Receivables Historical Data

The historical data trend for China Oilfield Services'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.

* Premium members only.

China Oilfield Services Change In Receivables Chart

China Oilfield Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-364.33

26.15

-77.29

-348.45

-47.03

China Oilfield Services Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

China Oilfield Services 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

China Oilfield Services (OTCPK:CHOLY) 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.

China Oilfield Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2248.092	/	1409.148	*	91
=	145.58

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

China Oilfield Services's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1315.965	-	5480.164	+	0.75 * 2248.092	+	0.5 * 320.389
=	-2,318

China Oilfield Services Change In Receivables Related Terms

Thank you for viewing the detailed overview of China Oilfield Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

China Oilfield Services (China Oilfield Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Oilfield Services Ltd (OTCPK:CHOLY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CHOLF:USA 02883:Hong Kong CO9:Germany 601808:China

Address

201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201

Website

https://www.cosl.com.cn

China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments; the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.