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ATP Oil & Gas (FRA:AOB) Accounts Receivable : €64.7 Mil (As of Mar. 2012)


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What is ATP Oil & Gas Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ATP Oil & Gas's accounts receivables for the quarter that ended in Mar. 2012 was €64.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ATP Oil & Gas's Days Sales Outstanding for the quarter that ended in Mar. 2012 was 53.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ATP Oil & Gas's Net-Net Working Capital per share for the quarter that ended in Mar. 2012 was €-52.41.


ATP Oil & Gas Accounts Receivable Historical Data

The historical data trend for ATP Oil & Gas'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.

* Premium members only.

ATP Oil & Gas Accounts Receivable Chart

ATP Oil & Gas Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.86 69.50 36.05 70.11 53.68

ATP Oil & Gas Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 70.63 49.12 69.72 53.68 64.67

ATP Oil & Gas Accounts Receivable Calculation

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


ATP Oil & Gas 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.

ATP Oil & Gas's Days Sales Outstanding for the quarter that ended in Mar. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=64.671/110.986*91
=53.17

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ATP Oil & Gas's accounts receivable are only considered to be worth 75% of book value:

ATP Oil & Gas's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2012 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)
=(170.13+0.75 * 64.671+0.5 * 0-2692.667
-166.199-87.675)/52.0514
=-52.41

* 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.


ATP Oil & Gas Accounts Receivable Related Terms

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ATP Oil & Gas (FRA:AOB) Business Description

Traded in Other Exchanges
N/A
Address
4600 Post Oak Place, Suite 100, Houston, TX, USA, 77027
ATP Oil & Gas Corporation is engaged internationally in the acquisition, development and production of oil and natural gas properties.

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