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Par Pacific Holdings (Par Pacific Holdings) Change In Receivables : $-112 Mil (TTM As of Dec. 2023)


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What is Par Pacific Holdings Change In Receivables?

Par Pacific Holdings's change in receivables for the quarter that ended in Dec. 2023 was $160 Mil. It means Par Pacific Holdings's Accounts Receivable declined by $160 Mil from Sep. 2023 to Dec. 2023 .

Par Pacific Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-112 Mil. It means Par Pacific Holdings's Accounts Receivable increased by $112 Mil from Dec. 2022 to Dec. 2023 .

Par Pacific Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $367 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. Par Pacific Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Par Pacific Holdings's liquidation value for the three months ended in Dec. 2023 was $-1,394 Mil.


Par Pacific Holdings Change In Receivables Historical Data

The historical data trend for Par Pacific Holdings'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.

Par Pacific Holdings Change In Receivables Chart

Par Pacific Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.65 117.80 -83.96 -57.39 -112.42

Par Pacific Holdings 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 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 34.02 -24.91 -109.53 -138.12 160.14

Par Pacific Holdings 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 $-112 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.


Par Pacific Holdings  (NYSE:PARR) 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.

Par Pacific Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=367.249/2183.511*91
=15.35

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

Par Pacific Holdings'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)
=279.107-2528.526+0.75 * 367.249+0.5 * 1160.395
=-1,394

* 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.


Par Pacific Holdings Change In Receivables Related Terms

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Par Pacific Holdings (Par Pacific Holdings) Business Description

Traded in Other Exchanges
Address
825 Town & Country Lane, Suite 1500, Houston, TX, USA, 77024
Par Pacific Holdings Inc is an oil and gas company that manages and maintains interests in energy and infrastructure businesses. The company has three reportable segments namely Refining, Under its refining business, the company produces ultra-low-sulfur diesel, gasoline, jet fuel, marine fuel, LSFO, and other associated refined products. Its Retail includes operation licenses out brands to serve the retail consumer. Through the Logistics segment, crude shipments are delivered to the refinery, in addition to finished products that are exported. It generates maximum revenue from the Refining segment.
Executives
William Pate director
Shawn David Flores officer: See Remarks 825 TOWN & COUNTRY LN., SUITE 1500, HOUSTON TX 77024
William Monteleone director, officer: Senior VP of M&A TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Jeffrey Ryan Hollis officer: General Counsel and Secretary 825 TOWN & COUNTRY LANE, SUITE 825, HOUSTON TX 77024
Patricia Martinez director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Aaron Zell director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Danielle Mattiussi officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Jim Yates officer: Senior Vice President ONE MEMORIAL PLAZA, 800 GESSNER ROAD SUITE 875, HOUSTON TX 77024
L Melvin Cooper director 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Chai Trust Co Llc 10 percent owner TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Zell Credit Opportunities Master Fund, L.p. 10 percent owner 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Ivan Daniel Guerra officer: Corporate Controller 800 GESSNER RD., SUITE 875, HOUSTON TX 77024
Richard Creamer officer: See Remarks 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Melvyn N Klein director 615 UPPER BROADWAY, STE 1940, CORPUS CHRISTI TX 78477
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024