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SOC (Sable Offshore) Accounts Receivable : $0.00 Mil (As of Dec. 2024)


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What is Sable Offshore Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sable Offshore's accounts receivables for the quarter that ended in Dec. 2024 was $0.00 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. Sable Offshore's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-9.98.


Sable Offshore Accounts Receivable Historical Data

The historical data trend for Sable Offshore'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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Sable Offshore Accounts Receivable Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
- - - - -

Sable Offshore Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Sable Offshore Accounts Receivable Calculation

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


Sable Offshore 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.

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

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

Sable Offshore'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)
=(300.384+0.75 * 0+0.5 * 15.337-1198.987
-0-0)/89.311
=-9.98

* 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.


Sable Offshore Accounts Receivable Related Terms

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Sable Offshore Business Description

Traded in Other Exchanges
N/A
Address
845 Texas Avenue, Suite 2920, Houston, TX, USA, 77002
Sable Offshore Corp is a Houston-based independent upstream company focused on responsibly developing the prolific Santa Ynez Unit in federal waters offshore California. The company is managed as one reportable segment, oil and gas.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Pilgrim Global Advisors Llc 10 percent owner 4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin 10 percent owner C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002