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Devon Energy (LTS:0I8W) Change In Receivables : $-170 Mil (TTM As of Dec. 2024)


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What is Devon Energy Change In Receivables?

Devon Energy's change in receivables for the quarter that ended in Dec. 2024 was $-196 Mil. It means Devon Energy's Accounts Receivable increased by $196 Mil from Sep. 2024 to Dec. 2024 .

Devon Energy's change in receivables for the fiscal year that ended in Dec. 2024 was $-170 Mil. It means Devon Energy's Accounts Receivable increased by $170 Mil from Dec. 2023 to Dec. 2024 .

Devon Energy's Accounts Receivable for the quarter that ended in Dec. 2024 was $1,972 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. Devon Energy's Days Sales Outstanding for the three months ended in Dec. 2024 was 40.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Devon Energy's liquidation value for the three months ended in Dec. 2024 was $-13,313 Mil.


Devon Energy Change In Receivables Historical Data

The historical data trend for Devon 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.

Devon Energy Change In Receivables Chart

Devon Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 104.00 -526.00 -142.00 191.00 -170.00

Devon Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 277.00 -96.00 81.00 41.00 -196.00

Devon 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-170 Mil.

* 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.


Devon Energy  (LTS:0I8W) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1972/4403*91
=40.87

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=846-15785+0.75 * 1972+0.5 * 294
=-13,313

* 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.


Devon Energy Change In Receivables Related Terms

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Devon Energy Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.

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