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Okea ASA (OSL:OKEA) Change In Receivables : kr-758 Mil (TTM As of Mar. 2024)


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What is Okea ASA Change In Receivables?

Okea ASA's change in receivables for the quarter that ended in Mar. 2024 was kr-689 Mil. It means Okea ASA's Accounts Receivable increased by kr689 Mil from Dec. 2023 to Mar. 2024 .

Okea ASA's change in receivables for the fiscal year that ended in Dec. 2023 was kr468 Mil. It means Okea ASA's Accounts Receivable declined by kr468 Mil from Dec. 2022 to Dec. 2023 .

Okea ASA's Accounts Receivable for the quarter that ended in Mar. 2024 was kr240 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. Okea ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Okea ASA's liquidation value for the three months ended in Mar. 2024 was kr-15,292 Mil.


Okea ASA Change In Receivables Historical Data

The historical data trend for Okea ASA'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.

Okea ASA Change In Receivables Chart

Okea ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 434.00 -15.71 -564.62 -799.21 467.96

Okea ASA 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 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 536.60 189.91 -213.31 -45.24 -689.15

Okea ASA 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 kr-758 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.


Okea ASA  (OSL:OKEA) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=239.713/3420.662*91
=6.39

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

Okea ASA'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)
=2035.023-17923.213+0.75 * 239.713+0.5 * 831.958
=-15,292

* 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.


Okea ASA Change In Receivables Related Terms

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Okea ASA (OSL:OKEA) Business Description

Industry
Traded in Other Exchanges
Address
Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

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