Ventura Offshore Holding (OSL:VTURA) Accounts Receivable : kr439 Mil (As of Dec. 2024)

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What is Ventura Offshore Holding Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ventura Offshore Holding's accounts receivables for the quarter that ended in Dec. 2024 was kr439 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ventura Offshore Holding's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was kr-32.46.

Ventura Offshore Holding Accounts Receivable Historical Data

The historical data trend for Ventura Offshore Holding'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.

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Ventura Offshore Holding Accounts Receivable Chart

Ventura Offshore Holding Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

543.29

1,776.58

293.85

438.94

Ventura Offshore Holding Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
Accounts Receivable	543.29	1,776.58	293.85	438.94

Ventura Offshore Holding Accounts Receivable Calculation

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

Ventura Offshore Holding 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.

Ventura Offshore Holding's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	438.942	/	0	*	91
=

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

Ventura Offshore Holding's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=	(521.277	+	0.75 * 438.942	+	0.5 * 0	-	4282.21
-	0	-	0)	/	105.712
=	-32.46

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.

Ventura Offshore Holding Accounts Receivable Related Terms

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Ventura Offshore Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ventura Offshore Holding Ltd (OSL:VTURA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Lacerda Agostinho, 1205 - Virgem Santa, Macae, RJ, BRA, CEP: 27948-005

Website

https://www.ventura-offshore.com

Ventura Offshore Holding Ltd is a deep water drilling contractor providing offshore drilling services to the oil and gas industry. The Group focuses on deep water drilling operations in water depths of up to 12,000 feet and core activities are focused in the Brazilian offshore oil and gas market. Also Group owns and operates the drillship Carolina and the semisubmersible rig Victoria (the Owned Rigs), and manages the drillship Zonda and semisubmersible rig Catarina (the Managed Rigs, and together with the Owned Rigs, the Rigs), all of which drilling rigs capable of drilling in ultra deep waters.

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