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Dnow (DNOW) Change In Receivables : $16 Mil (TTM As of Dec. 2023)


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What is Dnow Change In Receivables?

Dnow's change in receivables for the quarter that ended in Dec. 2023 was $14 Mil. It means Dnow's Accounts Receivable declined by $14 Mil from Sep. 2023 to Dec. 2023 .

Dnow's change in receivables for the fiscal year that ended in Dec. 2023 was $16 Mil. It means Dnow's Accounts Receivable declined by $16 Mil from Dec. 2022 to Dec. 2023 .

Dnow's Accounts Receivable for the quarter that ended in Dec. 2023 was $384 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. Dnow's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dnow's liquidation value for the three months ended in Dec. 2023 was $304 Mil.


Dnow Change In Receivables Historical Data

The historical data trend for Dnow'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.

Dnow Change In Receivables Chart

Dnow Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.00 157.00 -97.00 -95.00 16.00

Dnow Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.00 -25.00 8.00 19.00 14.00

Dnow 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16 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.


Dnow  (NYSE:DNOW) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=384/555*91
=63.14

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

Dnow's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=299-466+0.75 * 384+0.5 * 366
=304

* 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.


Dnow Change In Receivables Related Terms

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Dnow (DNOW) Business Description

Traded in Other Exchanges
Address
7402 North Eldridge Parkway, Houston, TX, USA, 77041
Dnow Inc is a company engaged in worldwide supplying of energy and industrial products and packaged, engineered process and production equipment with a legacy of over one sixty years. They offer a broad set of supply chain solutions combined with a suite of digital solutions branded as DigitalNOW that provide customers world-class technology for digital commerce, data and information management. Its locations provide products and solutions to exploration and production companies, midstream transmission and storage companies, refineries, chemical companies, utilities, mining, municipal water, manufacturers, engineering and construction companies as well as companies operating in the decarbonization, energy transition and renewables end markets.
Executives
Karen David-green director C/O WINSTON & STRAWN LLP, 800 CAPITOL ST., SUITE 2400, HOUSTON TX 77002
David A Cherechinsky officer: Sr. Vice President and CFO 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Sonya Reed director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Fanny R. Surratt officer: See Remarks NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Kelly T. Munson officer: See Remarks NOW INC., C/O RAYMOND CHANG, 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Richard J Alario director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Paul M Coppinger director
Rodney W Eads director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
J. Wayne Richards director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Galen Cobb director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Terry Bonno director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
James Crandell director 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Daniel L Molinaro officer: Executive Vice President 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Mark B Johnson officer: See Remarks 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041
Raymond W Chang officer: VP and General Counsel 7402 NORTH ELDRIDGE PARKWAY, HOUSTON TX 77041

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