Nostrum Oil & Gas (LSE:NOG) Change In Receivables : £13.48 Mil (TTM As of Mar. 2023)

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What is Nostrum Oil & Gas Change In Receivables?

Nostrum Oil & Gas's change in receivables for the quarter that ended in Mar. 2023 was £3.56 Mil. It means Nostrum Oil & Gas's Accounts Receivable declined by £3.56 Mil from Dec. 2022 to Mar. 2023 .

Nostrum Oil & Gas's change in receivables for the fiscal year that ended in Dec. 2023 was £-2.43 Mil. It means Nostrum Oil & Gas's Accounts Receivable increased by £2.43 Mil from Dec. 2022 to Dec. 2023 .

Nostrum Oil & Gas's Accounts Receivable for the quarter that ended in Mar. 2023 was £6.65 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. Nostrum Oil & Gas's Days Sales Outstanding for the three months ended in Mar. 2023 was 42.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nostrum Oil & Gas's liquidation value for the three months ended in Mar. 2023 was £-270.66 Mil.

Nostrum Oil & Gas Change In Receivables Historical Data

The historical data trend for Nostrum Oil & Gas'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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Nostrum Oil & Gas Change In Receivables Chart

Nostrum Oil & Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.43

13.17

5.18

-4.71

-2.43

Nostrum Oil & Gas Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-12.50	9.92	-	3.56	-

Nostrum Oil & Gas 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £13.48 Mil.

Nostrum Oil & Gas (LSE:NOG) 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.

Nostrum Oil & Gas's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.653	/	14.287	*	91
=	42.49

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

Nostrum Oil & Gas's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	158.014	-	447.208	+	0.75 * 6.653	+	0.5 * 27.093
=	-270.66

Nostrum Oil & Gas Change In Receivables Related Terms

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Nostrum Oil & Gas (LSE:NOG) Business Description

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NOGl:UK 3NO0:Germany

Address

20 Eastbourne Terrace, London, GBR, W2 6LG

Website

https://www.nog.co.uk

Nostrum Oil & Gas PLC is engaged in the production, development, and exploration of oil and gas in Kazakhstan. It provides the market with crude oil, stabilized liquid condensate, liquefied petroleum gas, and dry gas. Most of the company's production is derived from licensed assets in the pre-Caspian basin that can be found in western Kazakhstan. In addition to handling the production of its oil assets, Nostrum handles marketing and transportation. It has a network of pipelines and terminals that help ship products to a variety of end markets. Its client base includes a host of international customers.