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Diamond Offshore Drilling OLD (Diamond Offshore Drilling OLD) Accounts Receivable : $130.02 Mil (As of Dec. 2021)


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What is Diamond Offshore Drilling OLD Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Diamond Offshore Drilling OLD's accounts receivables for the quarter that ended in Dec. 2021 was $130.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Diamond Offshore Drilling OLD's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $N/A.


Diamond Offshore Drilling OLD Accounts Receivable Historical Data

The historical data trend for Diamond Offshore Drilling OLD's Accounts Receivable 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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Diamond Offshore Drilling OLD Accounts Receivable Chart

Diamond Offshore Drilling OLD Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 247.45 160.48 199.57 115.73 130.02

Diamond Offshore Drilling OLD Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Accounts Receivable 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 115.73 131.00 184.95 157.29 130.02

Diamond Offshore Drilling OLD Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Diamond Offshore Drilling OLD Accounts Receivable 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 receivables are being managed.

Diamond Offshore Drilling OLD's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=130.021/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Diamond Offshore Drilling OLD's accounts receivable are only considered to be worth 75% of book value:

Diamond Offshore Drilling OLD's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(38.388+0.75 * 130.021+0.5 * 3.716-763.735
-0-0)/0
=N/A

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Diamond Offshore Drilling OLD Accounts Receivable Related Terms

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Diamond Offshore Drilling OLD (Diamond Offshore Drilling OLD) Business Description

Traded in Other Exchanges
N/A
Address
15415 Katy Freeway, Suite 100, Houston, TX, USA, 77094
Diamond Offshore Drilling Inc. OLD provides contract drilling services to the energy industry around the globe with a fleet of 14 offshore drilling rigs, consisting of four drillships and eight owned semisubmersible rigs and two managed rigs. It generates revenues from the U.S, Senegal, Spain Brazil, the UK, Australia, Malaysia and other countries.

Diamond Offshore Drilling OLD (Diamond Offshore Drilling OLD) Headlines