Diversified Energy Co (LSE:DEC) Change In Receivables : £82.8 Mil (TTM As of Dec. 2023)

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What is Diversified Energy Co Change In Receivables?

Diversified Energy Co's change in receivables for the quarter that ended in Dec. 2023 was £8.4 Mil. It means Diversified Energy Co's Accounts Receivable declined by £8.4 Mil from Jun. 2023 to Dec. 2023 .

Diversified Energy Co's change in receivables for the fiscal year that ended in Dec. 2023 was £82.6 Mil. It means Diversified Energy Co's Accounts Receivable declined by £82.6 Mil from Dec. 2022 to Dec. 2023 .

Diversified Energy Co's Accounts Receivable for the quarter that ended in Dec. 2023 was £150.3 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. Diversified Energy Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 91.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Diversified Energy Co's liquidation value for the six months ended in Dec. 2023 was £-2,153.0 Mil.

Diversified Energy Co Change In Receivables Historical Data

The historical data trend for Diversified Energy Co'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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Diversified Energy Co Change In Receivables Chart

Diversified Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.46

1.78

-95.47

11.30

82.61

Diversified Energy Co Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial														-81.27	-60.63	72.60	74.42	8.38

Diversified Energy Co 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 semi-annually data reported by the company within the most recent 12 months, which was £82.8 Mil.

Diversified Energy Co (LSE:DEC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	150.264	/	300.957	*	91
=	91.12

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

Diversified Energy Co'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)
=	2.965	-	2271.733	+	0.75 * 150.264	+	0.5 * 6.185
=	-2,153.0

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Diversified Energy Co (LSE:DEC) Business Description

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Traded in Other Exchanges

DEC:USA DECl:UK DG20:Germany

Address

1600 Corporate Drive, Birmingham, AL, USA, 35242

Website

https://www.div.energy

Diversified Energy Co PLC is an independent owner and operator of producing natural gas and oil wells concentrated in the Appalachian Basin. The company acquires and manages gas and oil properties and certain associated midstream assets. Its operations are located throughout the neighboring states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana.