Intrepid Potash (Intrepid Potash) Change In Receivables : $3.8 Mil (TTM As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Intrepid Potash Change In Receivables?

Intrepid Potash's change in receivables for the quarter that ended in Dec. 2023 was $3.0 Mil. It means Intrepid Potash's Accounts Receivable declined by $3.0 Mil from Sep. 2023 to Dec. 2023 .

Intrepid Potash's change in receivables for the fiscal year that ended in Dec. 2023 was $3.8 Mil. It means Intrepid Potash's Accounts Receivable declined by $3.8 Mil from Dec. 2022 to Dec. 2023 .

Intrepid Potash's Accounts Receivable for the quarter that ended in Dec. 2023 was $22.1 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. Intrepid Potash's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Intrepid Potash's liquidation value for the three months ended in Dec. 2023 was $-3.3 Mil.

Intrepid Potash Change In Receivables Historical Data

The historical data trend for Intrepid Potash'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.

Intrepid Potash Change In Receivables Chart

Intrepid Potash Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.69

0.55

-12.03

8.81

3.85

Intrepid Potash 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	Get a 7-Day Free Trial															12.74	-12.57	14.52	-1.08	2.97

Intrepid Potash 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 $3.8 Mil.

Intrepid Potash (NYSE:IPI) 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.

Intrepid Potash's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.077	/	56.663	*	91
=	35.55

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

Intrepid Potash'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)
=	7.041	-	84.046	+	0.75 * 22.077	+	0.5 * 114.252
=	-3.3

Intrepid Potash Change In Receivables Related Terms

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

Intrepid Potash (Intrepid Potash) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Intrepid Potash Inc (NYSE:IPI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

58I1:Germany

Address

707 17th Street, Suite 4200, Denver, CO, USA, 80202

Website

https://www.intrepidpotash.com

Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.

Executives

Jornayvaz Robert P Iii	director, 10 percent owner, officer: Chairman/CEO	1001 17TH STREET, SUITE 1050, DENVER CO 80202
Christina Sheehan	officer: General Counsel	707 17TH STREET, SUITE 4200, DENVER CO 80202
Matthew D Preston	officer: VP of Finance	C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
William M Zisch	director	C/O INTREPID POTASH, INC., 707 17TH STREET, SUITE 4200, DENVER CO 80202
Mary E Mcbride	director	6199 E. PRINCETON CIRCLE, ENGLEWOOD CO 80111
Clearway Capital Management Llc	10 percent owner	501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131
Robert E Baldridge	officer: SVP - New Mexico	C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Edward Brian Stone	officer: President and COO	C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Kyle R Smith	officer: VP, General Counsel	C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Lori A Lancaster	director	302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Wells Stanley W Ii	officer: Vice President Human Resources	1001 17TH ST, SUITE 1050, DENVER CO 80202
Teton Trust Co Llc As Trustee Of Clearway Trust	10 percent owner	36 E. BROADWAY, SUITE 9-3 PO BOX 490, JACKSON WY 83001
Erica Wyatt	officer: Chief Human Resources Officer	C/O INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
Terry Considine	director	4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Clearway Capital Management Ltd.	10 percent owner	501 BRICKELL KEY DRIVE SUITE 602, MIAMI FL 33131