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Tamar Petroleum (XTAE:TMRP) Change In Receivables : ₪-41 Mil (TTM As of Dec. 2023)


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What is Tamar Petroleum Change In Receivables?

Tamar Petroleum's change in receivables for the quarter that ended in Dec. 2023 was ₪-14 Mil. It means Tamar Petroleum's Accounts Receivable increased by ₪14 Mil from Sep. 2023 to Dec. 2023 .

Tamar Petroleum's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-41 Mil. It means Tamar Petroleum's Accounts Receivable increased by ₪41 Mil from Dec. 2022 to Dec. 2023 .

Tamar Petroleum's Accounts Receivable for the quarter that ended in Dec. 2023 was ₪137 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. Tamar Petroleum's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tamar Petroleum's liquidation value for the three months ended in Dec. 2023 was ₪-2,878 Mil.


Tamar Petroleum Change In Receivables Historical Data

The historical data trend for Tamar Petroleum'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.

Tamar Petroleum Change In Receivables Chart

Tamar Petroleum 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 -4.63 21.83 -28.56 -28.65 -41.41

Tamar Petroleum 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 -38.52 -20.81 -28.04 21.14 -13.70

Tamar Petroleum 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 ₪-41 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.


Tamar Petroleum  (XTAE:TMRP) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=137.187/182.491*91
=68.60

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

Tamar Petroleum'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)
=120.301-3101.273+0.75 * 137.187+0.5 * 0
=-2,878

* 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.


Tamar Petroleum Change In Receivables Related Terms

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Tamar Petroleum (XTAE:TMRP) Business Description

Traded in Other Exchanges
N/A
Address
11 Galgalei Haplada Street, Herzliya Pituach, Herzeliya, ISR, 4672211
Tamar Petroleum Ltd is an Israel based company engaged in the production, and sale of natural gas. It has interest rights in the Tamar and Dalit reservoirs located in the west of Haifa. The company's only operating segment is exploration, development, production, and sale of natural gas.

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