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NGL Energy Partners LP (NGL Energy Partners LP) Change In Receivables

: $122 Mil (TTM As of Dec. 2023)
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NGL Energy Partners LP's change in receivables for the quarter that ended in Dec. 2023 was $157 Mil. It means NGL Energy Partners LP's Accounts Receivable declined by $157 Mil from Sep. 2023 to Dec. 2023 .

NGL Energy Partners LP's change in receivables for the fiscal year that ended in Mar. 2023 was $87 Mil. It means NGL Energy Partners LP's Accounts Receivable declined by $87 Mil from Mar. 2022 to Mar. 2023 .

NGL Energy Partners LP's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,015 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. NGL Energy Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NGL Energy Partners LP's liquidation value for the three months ended in Dec. 2023 was $-3,639 Mil.


NGL Energy Partners LP Change In Receivables Historical Data

The historical data trend for NGL Energy Partners LP'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.

NGL Energy Partners LP Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -185.72 436.35 -162.03 -397.61 86.63

NGL Energy Partners LP 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 91.41 141.02 -267.07 156.52

NGL Energy Partners LP 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 $122 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.


NGL Energy Partners LP  (NYSE:NGL) 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.

NGL Energy Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1014.962/1869.777*91
=49.53

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

NGL Energy Partners LP'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)
=0.738-4501.663+0.75 * 1014.962+0.5 * 201.575
=-3,639

* 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.


NGL Energy Partners LP Change In Receivables Related Terms

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NGL Energy Partners LP (NGL Energy Partners LP) Business Description

Traded in Other Exchanges
Address
6120 South Yale Avenue, Suite 805, Tulsa, OK, USA, 74136
NGL Energy Partners LP is a us-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil storage terminals, and owns pipeline injection stations and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, and for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners and petrochemical plants and sells propane and distillates.
Executives
Bradley P Cooper officer: CFO & EVP 6120 S YALE AVE SUITE 805, TULSA OK 74136
H Michael Krimbill director, officer: CEO 8801 S YALE STE 310, TULSA OK 74137
Derek S Reiners director 100 W. 5TH ST., TULSA OK 74103
James M Collingsworth director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John Ciolek officer: Exec. Vice President 6120 S. YALE AVE., SUITE 805, TULSA OK 74136
Kurston Patrick Mcmurray officer: GC, SVP and Secretary 6120 S. YALE AVE., SUITE 805, TULSA OK 74136
Linda J Bridges officer: CFO & EVP 6120 S. YALE AVE., SUITE 805, TULSA OK 74136
Eig Neptune Equity Aggregator, L.p. 10 percent owner 600 NEW HAMPSHIRE AVE NW, SUITE 1200, WASHINGTON DC 20037
Karlovich Robert W Iii officer: CFO, Exec. VP and Treasurer ATLAS PIPELINE PARTNERS, GP, 110 W. 7TH, SUITE 2300, TULSA OK 74119
Brian P. Boland director 1700 PENNSYLVANIA AVE NW, SUITE 800, WASHINGTON DC 20006
John T Raymond 10 percent owner THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Highstar Capital Ngl Co-invest Manager Llc 10 percent owner 1301 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10019
Highstar Ngl Main Interco Llc 10 percent owner 1301 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10019
Highstar Capital Gp Iv Holdings 10 percent owner 1301 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10019
Ngl Civ A, Llc 10 percent owner 1301 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10019

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