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TGS ASA (CHIX:TGSO) Change In Receivables : kr-843 Mil (TTM As of Dec. 2024)


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What is TGS ASA Change In Receivables?

TGS ASA's change in receivables for the quarter that ended in Dec. 2024 was kr-879 Mil. It means TGS ASA's Accounts Receivable increased by kr879 Mil from Sep. 2024 to Dec. 2024 .

TGS ASA's change in receivables for the fiscal year that ended in Dec. 2024 was kr-842 Mil. It means TGS ASA's Accounts Receivable increased by kr842 Mil from Dec. 2023 to Dec. 2024 .

TGS ASA's Accounts Receivable for the quarter that ended in Dec. 2024 was kr3,382 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. TGS ASA's Days Sales Outstanding for the three months ended in Dec. 2024 was 56.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TGS ASA's liquidation value for the three months ended in Dec. 2024 was kr-17,862 Mil.


TGS ASA Change In Receivables Historical Data

The historical data trend for TGS ASA'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.

* Premium members only.

TGS ASA Change In Receivables Chart

TGS ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 543.08 1,323.45 -122.57 783.39 -841.87

TGS ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Receivables 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 1,115.39 -469.10 88.66 416.25 -879.26

TGS ASA 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 quarterly data reported by the company within the most recent 12 months, which was kr-843 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.


TGS ASA  (CHIX:TGSo) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3381.739/5505.379*91
=56.05

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

TGS ASA'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)
=1377.854-22016.13+0.75 * 3381.739+0.5 * 479.863
=-17,862

* 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.


TGS ASA Change In Receivables Related Terms

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TGS ASA Business Description

Industry
Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA S provides data, intelligence, ocean bottom node (OBN) acquisition services, processing, analytics, cloud-based data applications, and other specialized services and solutions to energy companies across the energy spectrum, whether it is oil and gas, carbon capture and storage, or wind development. Its reportable segments are divided into six overall business units: Western Hemisphere (WH), Eastern Hemisphere (EH), Digital Energy Solutions (DES), Acquisition (ACQ), Imaging, and G&A. It generates the majority of its revenue from Western Hemisphere (WH).

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