Schlumberger (FRA:SCL) Change In Receivables : €-541 Mil (TTM As of Mar. 2024)

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What is Schlumberger Change In Receivables?

Schlumberger's change in receivables for the quarter that ended in Mar. 2024 was €-395 Mil. It means Schlumberger's Accounts Receivable increased by €395 Mil from Dec. 2023 to Mar. 2024 .

Schlumberger's change in receivables for the fiscal year that ended in Dec. 2023 was €-604 Mil. It means Schlumberger's Accounts Receivable increased by €604 Mil from Dec. 2022 to Dec. 2023 .

Schlumberger's Accounts Receivable for the quarter that ended in Mar. 2024 was €7,564 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. Schlumberger's Days Sales Outstanding for the three months ended in Mar. 2024 was 86.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Schlumberger's liquidation value for the three months ended in Mar. 2024 was €-12,881 Mil.

Schlumberger Change In Receivables Historical Data

The historical data trend for Schlumberger'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.

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Schlumberger Change In Receivables Chart

Schlumberger Annual Data

Trend

Dec14

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Dec16

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Dec23

Change In Receivables

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127.80

1,927.59

-31.86

-1,631.23

-604.30

Schlumberger 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															-475.41	-96.92	-364.49	315.45	-394.68

Schlumberger 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 €-541 Mil.

Schlumberger (FRA:SCL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7564.24	/	8010.44	*	91
=	86.17

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

Schlumberger'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)
=	3211.72	-	23858.36	+	0.75 * 7564.24	+	0.5 * 4185.08
=	-12,881

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Schlumberger (FRA:SCL) Business Description

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5599 San Felipe, 17th Floor, Houston, TX, USA, 77056

Website

https://www.slb.com

SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.