HighPeak Energy (HighPeak Energy) Change In Receivables : $2 Mil (TTM As of Dec. 2023)

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What is HighPeak Energy Change In Receivables?

HighPeak Energy's change in receivables for the quarter that ended in Dec. 2023 was $31 Mil. It means HighPeak Energy's Accounts Receivable declined by $31 Mil from Sep. 2023 to Dec. 2023 .

HighPeak Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $2 Mil. It means HighPeak Energy's Accounts Receivable declined by $2 Mil from Dec. 2022 to Dec. 2023 .

HighPeak Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was $95 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. HighPeak Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. HighPeak Energy's liquidation value for the three months ended in Dec. 2023 was $-1,259 Mil.

HighPeak Energy Change In Receivables Historical Data

The historical data trend for HighPeak 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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HighPeak Energy Change In Receivables Chart

HighPeak Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

0.07

-31.66

-57.22

2.01

HighPeak Energy Quarterly Data
	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													-13.40	15.62	-20.00	-25.01	31.39

HighPeak 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2 Mil.

HighPeak Energy (NAS:HPK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	94.589	/	301.153	*	91
=	28.66

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

HighPeak Energy'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)
=	194.515	-	1528.07	+	0.75 * 94.589	+	0.5 * 7.254
=	-1,259

HighPeak Energy Change In Receivables Related Terms

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HighPeak Energy (HighPeak Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

58R:Germany

Address

421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102

Website

https://www.highpeakenergy.com

HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.

Executives

Jack Hightower	director, 10 percent owner, officer: Chief Executive Officer	1700 PACIFIC, SUYITE 3300, DALLAS TX 75201
Jay M. Chernosky	director	602 FALL RIVER ROAD, HOUSTON TX 77024
Michael L. Hollis	director, officer: President	500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
John Paul Dejoria	10 percent owner	2934 OESTRICK LANE, AUSTIN TX 78733
Steven W Tholen	officer: Chief Financial Officer	1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Rodney L Woodard	officer: Chief Operating Officer	C/O PURE RESOURCES, 500 W. ILLINOIS, MIDLAND TX 79701
Larry Oldham	director	1004 N BIG SPRING, C/O PARALLEL PETROLEUM, MIDLAND TX 79701
Keith E Forbes	officer: Vice President and Controller	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Jason A. Edgeworth	director	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76101
Michael H. Gustin	director	208 HEWITT DRIVE, #103-113, WOODWAY TX 76712
Keith Covington	director	500 WEST ILLINOIS, MIDLAND TX 79701
Highpeak Energy Partners, Lp	other: .	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Energy Partners Ii, Lp	other: .	421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Pure Acquisition, Llc	other: .	421 W 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Sharon F. Fulgham	director	4354 W. VICKERY BOULEVARD, FORT WORTH TX 76107