Gazprom Neft PJSC (MIC:SIBN) Accounts Receivable: ₽178,843 Mil (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:SIBN Gazprom Neft PJSC MIC:SIBN
17 GF Score
Price ₽534.75
View Full Analysis

What is Gazprom Neft PJSC Accounts Receivable?

Gazprom Neft PJSC MIC:SIBN +0.55% 17 Accounts Receivable is ₽178,843 Mil as of Dec. 2021. GuruFocus rates MIC:SIBN with a GF Score™ of 17/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gazprom Neft PJSC's accounts receivables for the quarter that ended in Dec. 2021 was ₽178,843 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Gazprom Neft PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 17.20.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gazprom Neft PJSC's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was ₽-379.14.


Gazprom Neft PJSC 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.

Gazprom Neft PJSC's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=178843/948998*91
=17.20

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

Gazprom Neft PJSC'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)
=(574524+0.75 * 178843+0.5 * 229900-2422280
-0-190111)/4718
=-379.14

* 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.


Gazprom Neft PJSC Accounts Receivable Related Terms


Gazprom Neft PJSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Gazprom Neft PJSC'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.

Gazprom Neft PJSC Accounts Receivable Chart

Gazprom Neft PJSC 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 100,191.00 127,090.00 151,635.00 153,267.00 178,843.00

Gazprom Neft PJSC 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 153,267.00 148,624.00 163,602.00 169,972.00 178,843.00
MIC:SIBN
17GF Score
Gazprom Neft PJSC MIC:SIBN
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gazprom Neft PJSC Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of ₽178,843 Mil mean?
Gazprom Neft PJSC (MIC:SIBN) has a Accounts Receivable of ₽178,843 Mil as of Dec. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Gazprom Neft PJSC and its competitors.
Is Gazprom Neft PJSC's Accounts Receivable too high?
Gazprom Neft PJSC's current Accounts Receivable is ₽178,843 Mil. Overall, Gazprom Neft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom Neft PJSC's Accounts Receivable compare to XOM and CVX?
Gazprom Neft PJSC's Accounts Receivable of ₽178,843 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Gazprom Neft PJSC and its competitors. Gazprom Neft PJSC's current Accounts Receivable is ₽178,843 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom Neft PJSC stock overvalued right now?
Gazprom Neft PJSC (MIC:SIBN) has a current Accounts Receivable of ₽178,843 Mil. The current Accounts Receivable is ₽178,843 Mil. Gazprom Neft PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Gazprom Neft PJSC (MIC:SIBN), the current Accounts Receivable is ₽178,843 Mil as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gazprom Neft PJSC Business Description

Industry EnergyOil & Gas
Address 3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.
17GF Score

Get the complete analysis for MIC:SIBN

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽534.75
Price