Coterra Energy (Coterra Energy) Change In Receivables

: $378 Mil (TTM As of Dec. 2023)

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Coterra Energy's change in receivables for the quarter that ended in Dec. 2023 was $-116 Mil. It means Coterra Energy's Accounts Receivable increased by $116 Mil from Sep. 2023 to Dec. 2023 .

Coterra Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $378 Mil. It means Coterra Energy's Accounts Receivable declined by $378 Mil from Dec. 2022 to Dec. 2023 .

Coterra Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was $723 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. Coterra Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Coterra Energy's liquidation value for the three months ended in Dec. 2023 was $-5,848 Mil.

Coterra Energy Change In Receivables Historical Data

The historical data trend for Coterra Energy'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.

Coterra Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

153.00

-6.00

-229.00

-184.00

378.00

Coterra Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																198.00	446.00	171.00	-123.00	-116.00

Coterra Energy 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $378 Mil.

Coterra Energy (NYSE:CTRA) 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.

Coterra 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
=	723	/	1596	*	91
=	41.34

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

Coterra Energy's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	956	-	7376	+	0.75 * 723	+	0.5 * 59
=	-5,848

Coterra Energy Change In Receivables Related Terms

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Coterra Energy (Coterra Energy) Business Description

Industry

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Traded in Other Exchanges

COG:Mexico XCQ:Germany XCQ:Germany C1OG34:Brazil

Address

840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024

Website

https://www.coterra.com

Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Executives

Thomas E Jorden	director, officer: CEO and President	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Dan O Dinges	director	PO BOX 4544, PO BOX 4544, HOUSTON TX 77210-4544
Andrea Alexander	officer: SVP & Chief HR Officer	C/O RENT THE RUNWAY, INC., 10 JAY STREET, BROOKLYN NY 11201
Young, Iii Shannon E.	officer: EVP & Chief Financial Officer	COBALT CENTER, 920 MEMORIAL CITY WAY, SUITE 100, HOUSTON TX 77024
Michael D. Deshazer	officer: VP - Business Units	THREE MEMORIAL CITY PLAZA, 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Scott C Schroeder	officer: Executive Vice President & CFO	CABOT OIL & GAS CORPORATION, PO BOX 4544, HOUSTON TX 77210-4544
Hans Helmerich	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Adam M Vela	officer: VP & General Counsel	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Blake A Sirgo	officer: SVP - Operations	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Stephen P Bell	officer: Ex VP	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Steven W Lindeman	officer: Sr. Vice Pres, South Reg & Eng	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Francis Brian Barron	officer: Sr VP - General Counsel	1099 18TH STREET, SUITE 2300, DENVER CO 80202
Gary J. Hlavinka	officer: Vice President, (MBU)	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Christopher Clason	officer: SVP and Chief HR Officer	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Todd M Roemer	officer: Controller	840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024