GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EOG Resources Inc (NYSE:EOG) » Definitions » Change In Receivables

EOG (EOG Resources) Change In Receivables : $401 Mil (TTM As of Sep. 2024)


View and export this data going back to 1989. Start your Free Trial

What is EOG Resources Change In Receivables?

EOG Resources's change in receivables for the quarter that ended in Sep. 2024 was $109 Mil. It means EOG Resources's Accounts Receivable declined by $109 Mil from Jun. 2024 to Sep. 2024 .

EOG Resources's change in receivables for the fiscal year that ended in Dec. 2023 was $-38 Mil. It means EOG Resources's Accounts Receivable increased by $38 Mil from Dec. 2022 to Dec. 2023 .

EOG Resources's Accounts Receivable for the quarter that ended in Sep. 2024 was $2,545 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. EOG Resources's Days Sales Outstanding for the three months ended in Sep. 2024 was 39.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EOG Resources's liquidation value for the three months ended in Sep. 2024 was $-8,027 Mil.


EOG Resources Change In Receivables Historical Data

The historical data trend for EOG Resources'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.

EOG Resources Change In Receivables Chart

EOG Resources 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 -92.00 467.00 -821.00 -347.00 -38.00

EOG Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -714.00 201.00 58.00 33.00 109.00

EOG Resources 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $401 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.


EOG Resources  (NYSE:EOG) 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.

EOG Resources's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2545/5865*91
=39.60

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

EOG Resources's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6122-16577+0.75 * 2545+0.5 * 1038
=-8,027

* 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.


EOG Resources Change In Receivables Related Terms

Thank you for viewing the detailed overview of EOG Resources's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


EOG Resources Business Description

Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2023, it reported net proven reserves of 4.5 billion barrels of oil equivalent. Net production averaged roughly 985,000 barrels of oil equivalent per day in 2023 at a ratio of 71% oil and natural gas liquids and 29% natural gas.
Executives
Janet F Clark director
Michael P Donaldson officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET, SKY LOBBY 2, HOUSTON TX 77002
Charles R Crisp director 1301 MCKINNEY STE 700, HOUSTON TX 77010
Jeffrey R. Leitzell officer: EVP Exploration and Production 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Ezra Y Yacob officer: EVP Exploration and Production 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Michael T. Kerr director 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Kenneth W. Boedeker officer: EVP Exploration and Production 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Timothy K Driggers officer: VP Accounting & Land Admin
Ann D. Janssen officer: VP, Accounting 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002
Donald F Textor director P O BOX 4362, HOUSTON TX 772104362
Frank G Wisner director P O BOX 4362, HOUSTON TX 7721042362
Julie J Robertson director 13135 S DAIRY ASHFORD, STE 800, SUGAR LAND TX 77478
David W Trice officer: EVP, Exploration & Production 1111 BAGBY, SKY LOBBY 2, HOUSTON TX 77002