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Horizon Oil (ASX:HZN) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2024)


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What is Horizon Oil Change In Receivables?

Horizon Oil's change in receivables for the quarter that ended in Dec. 2024 was A$0.0 Mil. It means Horizon Oil's Accounts Receivable stayed the same from Jun. 2024 to Dec. 2024 .

Horizon Oil's change in receivables for the fiscal year that ended in Jun. 2024 was A$0.0 Mil. It means Horizon Oil's Accounts Receivable stayed the same from Jun. 2023 to Jun. 2024 .

Horizon Oil's Accounts Receivable for the quarter that ended in Dec. 2024 was A$9.2 Mil.

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 Receivable are being managed. Horizon Oil's Days Sales Outstanding for the six months ended in Dec. 2024 was 18.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Horizon Oil's liquidation value for the six months ended in Dec. 2024 was A$-83.1 Mil.


Horizon Oil Change In Receivables Historical Data

The historical data trend for Horizon Oil's Change In Receivables 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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Horizon Oil Change In Receivables Chart

Horizon Oil Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Change In Receivables
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Horizon Oil Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Horizon Oil Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

* 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.


Horizon Oil  (ASX:HZN) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.217/89.555*91
=18.78

2. In Ben Graham's calculation of liquidation value, Horizon Oil's accounts receivable are only considered to be worth 75% of book value:

Horizon Oil's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=74.701-169.487+0.75 * 9.217+0.5 * 9.589
=-83.1

* 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.


Horizon Oil Change In Receivables Related Terms

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Horizon Oil Business Description

Industry
Traded in Other Exchanges
Address
360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Horizon Oil Ltd is engaged in exploration, development, production and sale of crude oil. The company operates in three segments: China development, New Zealand development and Australia development. It generates key revenue from China development segment which is involved in developing and producing crude oil from the Block 22/12-WZ6-12, WZ12-8W and WZ12-8E oil field developments and in the exploration and evaluation of hydrocarbons within Block 22/12.