Talisman Energy (FRA:TLM) Accounts Receivable : €724 Mil (As of Dec. 2014)

View and export this data going back to . Start your Free Trial

What is Talisman Energy Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Talisman Energy's accounts receivables for the quarter that ended in Dec. 2014 was €724 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Talisman Energy's Days Sales Outstanding for the quarter that ended in Dec. 2014 was 1,851.96.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Talisman Energy's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was €-7.14.

Talisman Energy Accounts Receivable Historical Data

The historical data trend for Talisman Energy'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.

Talisman Energy Accounts Receivable Chart

Talisman Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Accounts Receivable

Get a 7-Day Free Trial

972.97

1,178.00

673.61

815.41

724.22

Talisman Energy Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Accounts Receivable	Get a 7-Day Free Trial															815.41	847.36	780.16	906.37	724.22

Talisman Energy Accounts Receivable Calculation

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

Talisman Energy 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.

Talisman Energy's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	724.223	/	35.684	*	91
=	1,851.96

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

Talisman Energy's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=	(212.482	+	0.75 * 724.223	+	0.5 * 107.863	-	8049.175
-	154.901	-	0)	/	1036.17
=	-7.14

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.

Talisman Energy Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Talisman Energy's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Talisman Energy (FRA:TLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Talisman Energy Inc (FRA:TLM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.talisman-energy.com

Talisman Energy Inc was incorporated under the Canada Business Corporations Act in Canada on December 14, 1982. The Company is a Canadian-based independent oil and gas producers company. Its main business activities are exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids. In 2014, the Company's activities were conducted in four geographic segments: North America, the North Sea, Southeast Asia, and Other. The North America segment includes operations in Canada and the U.S. The North Sea segment includes operations and exploration activities in the UK and Norway. The Southeast Asia segment includes operations and exploration activities in Indonesia, Malaysia, Vietnam and Papua New Guinea and non-operated production in Australia/Timor-Leste. The Company also had non-operated production in Algeria, operations and exploration activities in Colombia and exploration activities in the Kurdistan Region of Iraq. For ease of reference, the activities in Algeria, Colombia and the Kurdistan Region of Iraq, where applicable, are referred to collectively as the other geographic segment or Rest of World, except where otherwise noted. For operational purposes, Talisman has two core operating areas: the Americas and Asia-Pacific. The Company's aggregate production from its consolidated entities and equity investments for the year ended December 31, 2014 was 369 mboe/d, comprised of 43 mbbls/d of oil and liquids and 794 mmcf/d of gas from North America; 43 mbbls/d of oil and 510 mmcf/d of gas from Southeast Asia; 30 mbbls/d of oil and liquids and 20 mmcf/d of gas from the North Sea; and 24 mbbls/d of oil and liquids and 48 mmcf/d of gas from other areas.

Talisman Energy (FRA:TLM) Headlines

No Headlines