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ION Geophysical (FRA:IO8N) Change In Receivables : €-14.49 Mil (TTM As of Sep. 2021)


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What is ION Geophysical Change In Receivables?

ION Geophysical's change in receivables for the quarter that ended in Sep. 2021 was €-13.06 Mil. It means ION Geophysical's Accounts Receivable increased by €13.06 Mil from Jun. 2021 to Sep. 2021 .

ION Geophysical's change in receivables for the fiscal year that ended in Dec. 2020 was €15.80 Mil. It means ION Geophysical's Accounts Receivable declined by €15.80 Mil from Dec. 2019 to Dec. 2020 .

ION Geophysical's Accounts Receivable for the quarter that ended in Sep. 2021 was €13.51 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. ION Geophysical's Days Sales Outstanding for the three months ended in Sep. 2021 was 32.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ION Geophysical's liquidation value for the three months ended in Sep. 2021 was €-182.47 Mil.


ION Geophysical Change In Receivables Historical Data

The historical data trend for ION Geophysical'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.

ION Geophysical Change In Receivables Chart

ION Geophysical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.57 -18.81 -10.78 25.91 15.80

ION Geophysical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 4.80 -2.48 5.36 -4.30 -13.06

ION Geophysical 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was €-14.49 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.


ION Geophysical  (FRA:IO8N) 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.

ION Geophysical's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.507/37.732*91
=32.66

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

ION Geophysical's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=20.522-217.662+0.75 * 13.507+0.5 * 9.072
=-182.47

* 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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ION Geophysical (FRA:IO8N) Business Description

Traded in Other Exchanges
N/A
Address
2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.

ION Geophysical (FRA:IO8N) Headlines

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