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Canadian Natural Resources (Canadian Natural Resources) Change In Receivables : $0 Mil (TTM As of Dec. 2023)


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What is Canadian Natural Resources Change In Receivables?

Canadian Natural Resources's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Canadian Natural Resources's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Canadian Natural Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Canadian Natural Resources's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Canadian Natural Resources's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,377 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. Canadian Natural Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canadian Natural Resources's liquidation value for the three months ended in Dec. 2023 was $-23,339 Mil.


Canadian Natural Resources Change In Receivables Historical Data

The historical data trend for Canadian Natural Resources'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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Canadian Natural Resources Change In Receivables Chart

Canadian Natural Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Canadian Natural Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Canadian Natural Resources 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 $0 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.


Canadian Natural Resources  (NYSE:CNQ) 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.

Canadian Natural Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2377.013/7959.899*91
=27.25

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

Canadian Natural Resources'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)
=1045.021-26925.313+0.75 * 2377.013+0.5 * 1516.1
=-23,339

* 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.


Canadian Natural Resources Change In Receivables Related Terms

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Canadian Natural Resources (Canadian Natural Resources) Business Description

Traded in Other Exchanges
Address
855 - 2nd Street South West, Suite 2100, Calgary, AB, CAN, T2P 4J8
Canadian Natural Resources Ltd is an independent crude oil and natural gas exploration, development, and production company. The Company's exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea, and Cote d'Ivoire and South Africa in Offshore Africa. The Company's exploration and production activities are conducted in three geographic segments: North America, the North Sea, and Offshore Africa. These activities include the exploration, development, production, and marketing of crude oil, natural gas liquids, and natural gas. The company has two divisions; Oil Sands Mining and Upgrading Midstream and Refining. It derives a majority of its revenue from North America.

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