GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seacrest Petroleo Bermuda Ltd (OSL:SEAPT) » Definitions » Accounts Receivable

Seacrest Petroleo Bermuda (OSL:SEAPT) Accounts Receivable : kr0 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Seacrest Petroleo Bermuda Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seacrest Petroleo Bermuda's accounts receivables for the quarter that ended in Dec. 2023 was kr0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seacrest Petroleo Bermuda's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seacrest Petroleo Bermuda's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr-17.20.


Seacrest Petroleo Bermuda Accounts Receivable Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Accounts Receivable Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
- 0.10 0.20 0.33 0.37

Seacrest Petroleo Bermuda Quarterly Data
Dec20 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 0.33 0.35 0.37 0.35 0.37

Seacrest Petroleo Bermuda Accounts Receivable Calculation

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


Seacrest Petroleo Bermuda 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.369/682.166*91
=0.05

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

Seacrest Petroleo Bermuda'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)
=(532.302+0.75 * 0.369+0.5 * 339.248-6869.379
-0-0)/358.55
=-17.20

* 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.


Seacrest Petroleo Bermuda Accounts Receivable Related Terms

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


Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Traded in Other Exchanges
Address
99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

Seacrest Petroleo Bermuda (OSL:SEAPT) Headlines

No Headlines