GEOUF (Golden Energy Offshore Services ASA) Change In Receivables : $0.00 Mil (TTM As of Sep. 2024)

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What is Golden Energy Offshore Services ASA Change In Receivables?

Golden Energy Offshore Services ASA's change in receivables for the quarter that ended in Sep. 2024 was $0.00 Mil. It means Golden Energy Offshore Services ASA's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Golden Energy Offshore Services ASA's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.06 Mil. It means Golden Energy Offshore Services ASA's Accounts Receivable increased by $1.06 Mil from Dec. 2022 to Dec. 2023 .

Golden Energy Offshore Services ASA's Accounts Receivable for the quarter that ended in Sep. 2024 was $8.05 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. Golden Energy Offshore Services ASA's Days Sales Outstanding for the three months ended in Sep. 2024 was 60.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Energy Offshore Services ASA's liquidation value for the three months ended in Sep. 2024 was $-95.36 Mil.

Golden Energy Offshore Services ASA Change In Receivables Historical Data

The historical data trend for Golden Energy Offshore Services 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.

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Golden Energy Offshore Services ASA Change In Receivables Chart

Golden Energy Offshore Services ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.30

-1.06

Golden Energy Offshore Services ASA Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Golden Energy Offshore Services 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Golden Energy Offshore Services ASA (OTCPK:GEOUF) 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.

Golden Energy Offshore Services ASA's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.048	/	12.238	*	91
=	60.01

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

Golden Energy Offshore Services ASA'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)
=	0.213	-	101.806	+	0.75 * 8.048	+	0.5 * 0.395
=	-95.36

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Golden Energy Offshore Services ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Golden Energy Offshore Services ASA (OTCPK:GEOUF) » Definitions » Change In Receivables

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GEOS:Norway J9X0:Germany

Address

St Olavs Plass 1, Alesund, NOR, 6002

Website

https://www.geoff.no

Golden Energy Offshore Services ASA is a Norwegian based offshore service company. Its principal activity is to own and charter out its offshore vessels to international oil companies. The company's vessels includes M/V Energy Swan, M/V Energy Empress, M/V Energy Paradise, M/V Energy Passion and M/V Energy Duchess.

Golden Energy Offshore Services ASA Headlines

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