GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GeoPark Ltd (NYSE:GPRK) » Definitions » Accounts Receivable

GeoPark (GeoPark) Accounts Receivable : $65.0 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is GeoPark Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GeoPark's accounts receivables for the quarter that ended in Dec. 2023 was $65.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GeoPark's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GeoPark's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.78.


GeoPark Accounts Receivable Historical Data

The historical data trend for GeoPark'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.

GeoPark Accounts Receivable Chart

GeoPark Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.18 46.92 70.53 71.79 65.05

GeoPark Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 71.79 56.67 56.07 63.27 65.05

GeoPark Accounts Receivable Calculation

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


GeoPark 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=65.049/199.063*91
=29.82

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

GeoPark's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(133.036+0.75 * 65.049+0.5 * 13.552-840.529
-0-0)/55.3275
=-11.78

* 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.


GeoPark Accounts Receivable Related Terms

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


GeoPark (GeoPark) Business Description

Traded in Other Exchanges
Address
Calle 94 No 11 - 30, floors 8, 9, 10, Bogota, COL
GeoPark Ltd is a Latin American oil and gas exploration and production company with assets in Colombia, Ecuador, Chile, Brazil and Argentina. The company generates revenue from the sale of crude oil, condensate and natural gas net of value-added tax and discounts related to the sale and overriding royalties due to the ex-owners of oil and gas properties where the royalty arrangements represent a retained working interest in the property.
Executives
Manchester Financial Group, Lp 10 percent owner ONE MARKET PLACE, 33RD FLOOR, SAN DIEGO CA 92101
Manchester Financial Group, Inc. 10 percent owner 101 ASH STREET, SUITE 1900, SAN DIEGO CA 92101

GeoPark (GeoPark) Headlines

From GuruFocus

GeoPark Announces Another Oil Field Discovery in Ecuador

By Business Wire Business Wire 03-28-2022

GeoPark Announces Quarterly Cash Dividend of $0.13 Per Share

By Business Wire Business Wire 05-03-2023

GeoPark Announces the Results of Its 2022 Annual General Meeting

By Business Wire Business Wire 07-18-2022

GeoPark Announces Third Quarter 2022 Operational Update

By Business Wire Business Wire 10-20-2022

GeoPark Business Activity Update

By Business Wire Business Wire 06-21-2022

Top 5 3rd Quarter Trades of INCA Investments LLC

By GuruFocus Research GuruFocus Editor 11-09-2022

GeoPark Announces Quarterly Cash Dividend of $0.082 Per Share

By Business Wire Business Wire 05-11-2022

New Chief Financial Officer Appointed

By Business Wire 12-20-2023