Serinus Energy (LSE:SENX) Change In Receivables : £2.48 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Serinus Energy Change In Receivables?

Serinus Energy's change in receivables for the quarter that ended in Mar. 2024 was £-0.09 Mil. It means Serinus Energy's Accounts Receivable increased by £0.09 Mil from Dec. 2023 to Mar. 2024 .

Serinus Energy's change in receivables for the fiscal year that ended in Dec. 2023 was £1.47 Mil. It means Serinus Energy's Accounts Receivable declined by £1.47 Mil from Dec. 2022 to Dec. 2023 .

Serinus Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was £6.51 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. Serinus Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 163.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Serinus Energy's liquidation value for the three months ended in Mar. 2024 was £-37.08 Mil.

Serinus Energy Change In Receivables Historical Data

The historical data trend for Serinus 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.

* Premium members only.

Serinus Energy Change In Receivables Chart

Serinus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.91

0.69

1.72

-2.57

1.47

Serinus Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-1.16	1.07	-0.64	2.14	-0.09

Serinus 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was £2.48 Mil.

Serinus Energy (LSE:SENX) 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.

Serinus Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.512	/	3.63	*	91
=	163.70

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

Serinus Energy's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.435	-	42.697	+	0.75 * 6.512	+	0.5 * 0.604
=	-37.08

Serinus Energy Change In Receivables Related Terms

Thank you for viewing the detailed overview of Serinus Energy's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Serinus Energy (LSE:SENX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Serinus Energy PLC (LSE:SENX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SNUYF:USA SEN:Poland

Address

54 Bath Street, 2nd Floor, The Le Gallais Building, St Helier, JEY, JE1 1FW

Website

https://www.serinusenergy.com

Serinus Energy PLC operates as an oil exploration and development company. The company offers oil and gas production services and it has operations in Romania and Tunisia. The company currently holds three Tunisia concessions: the Sabria concession, the Chouech Es Saida concession, and the Ech Chouech concession. In Romania, it has one of the largest exploration blocks which is the Satu Mare concession.

Serinus Energy (LSE:SENX) Headlines

No Headlines