OAOFY (Tatneft PJSC) Accounts Receivable: $1,834 Mil (As of Jun. 2022)

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OAOFY Tatneft PJSC OAOFY
17 GF Score
Price $9.55
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What is Tatneft PJSC Accounts Receivable?

Tatneft PJSC OAOFY 17 Accounts Receivable is $1,834 Mil as of Jun. 2022. GuruFocus rates OAOFY 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. Tatneft PJSC's accounts receivables for the quarter that ended in Jun. 2022 was $1,834 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Tatneft PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2022 was 26.67.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Tatneft PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2022 was $-10.46.


Tatneft 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.

Tatneft PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1834.291/12553.147*91
=26.67

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

Tatneft PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2022 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)
=(3618.325+0.75 * 1834.291+0.5 * 1204.203-9426.17
-11.842-82.545)/375.094
=-10.46

* 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.


Tatneft PJSC Accounts Receivable Related Terms


Tatneft PJSC Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Tatneft 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.

Tatneft PJSC Accounts Receivable Chart

Tatneft 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 1,019.58 1,137.61 1,322.39 1,130.59 1,221.99

Tatneft PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 931.92 1,130.59 1,310.01 1,221.99 1,834.29
OAOFY
17GF Score
Tatneft PJSC OAOFY
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tatneft 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 $1,834 Mil mean?
Tatneft PJSC (OAOFY) has a Accounts Receivable of $1,834 Mil as of Jun. 2022. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Tatneft PJSC and its competitors.
Is Tatneft PJSC's Accounts Receivable too high?
Tatneft PJSC's current Accounts Receivable is $1,834 Mil. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Tatneft PJSC's Accounts Receivable compare to XOM and CVX?
Tatneft PJSC's Accounts Receivable of $1,834 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 Tatneft PJSC and its competitors. Tatneft PJSC's current Accounts Receivable is $1,834 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tatneft PJSC stock overvalued right now?
Tatneft PJSC (OAOFY) has a current Accounts Receivable of $1,834 Mil. The current Accounts Receivable is $1,834 Mil. Tatneft 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 Tatneft PJSC (OAOFY), the current Accounts Receivable is $1,834 Mil as of Jun. 2022. 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.

Tatneft PJSC Business Description

Industry EnergyOil & Gas
Address 75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.
17GF Score

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

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