Patterson-UTI Energy (FRA:PE1) Change In Receivables : €70 Mil (TTM As of Mar. 2025)

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What is Patterson-UTI Energy Change In Receivables?

Patterson-UTI Energy's change in receivables for the quarter that ended in Mar. 2025 was €-34 Mil. It means Patterson-UTI Energy's Accounts Receivable increased by €34 Mil from Dec. 2024 to Mar. 2025 .

Patterson-UTI Energy's change in receivables for the fiscal year that ended in Dec. 2024 was €194 Mil. It means Patterson-UTI Energy's Accounts Receivable declined by €194 Mil from Dec. 2023 to Dec. 2024 .

Patterson-UTI Energy's Accounts Receivable for the quarter that ended in Mar. 2025 was €740 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. Patterson-UTI Energy's Days Sales Outstanding for the three months ended in Mar. 2025 was 57.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Patterson-UTI Energy's liquidation value for the three months ended in Mar. 2025 was €-1,316 Mil.

Patterson-UTI Energy Change In Receivables Historical Data

The historical data trend for Patterson-UTI Energy'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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Patterson-UTI Energy Change In Receivables Chart

Patterson-UTI Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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142.92

-130.41

-197.51

77.53

194.49

Patterson-UTI Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															87.51	6.06	1.84	95.46	-33.80

Patterson-UTI Energy 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €70 Mil.

Patterson-UTI Energy (FRA:PE1) 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.

Patterson-UTI Energy's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	740.269	/	1184.497	*	91
=	57.03

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

Patterson-UTI Energy's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	206.355	-	2155.269	+	0.75 * 740.269	+	0.5 * 155.184
=	-1,316

Patterson-UTI Energy Change In Receivables Related Terms

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Patterson-UTI Energy Business Description

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PTEN:USA PE1:Germany

Address

10713 West Sam Houston Parkway North, Suite 800, Houston, TX, USA, 77064

Website

https://www.patenergy.com

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.

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