Marathon Oil's change in receivables for the quarter that ended in Dec. 2023 was $277 Mil. It means Marathon Oil's Accounts Receivable
declined by $277 Mil
from Sep. 2023 to Dec. 2023 .
Marathon Oil's change in receivables for the fiscal year that ended in Dec. 2023 was $-21 Mil. It means Marathon Oil's Accounts Receivable
increased by $21 Mil
from Dec. 2022 to Dec. 2023 .
Marathon Oil's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,152 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.
Marathon Oil's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 66.32.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Marathon Oil's liquidation value for the
three
months ended in Dec. 2023 was $-7,258 Mil.
Marathon Oil Change In Receivables Historical Data
The historical data trend for Marathon Oil'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.
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 $-21 Mil.
* 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.
Marathon Oil (NYSE:MRO) 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.
Marathon Oil's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Marathon Oil Change In Receivables Related Terms
Thank you for viewing the detailed overview of Marathon Oil's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
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