PDS (Precision Drilling) Change In Receivables : $0 Mil (TTM As of Mar. 2025)

View and export this data going back to 2005. Start your Free Trial

What is Precision Drilling Change In Receivables?

Precision Drilling's change in receivables for the quarter that ended in Mar. 2025 was $0 Mil. It means Precision Drilling's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Precision Drilling's change in receivables for the fiscal year that ended in Dec. 2024 was $0 Mil. It means Precision Drilling's Accounts Receivable stayed the same from Dec. 2023 to Dec. 2024 .

Precision Drilling's Accounts Receivable for the quarter that ended in Mar. 2025 was $277 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. Precision Drilling's Days Sales Outstanding for the three months ended in Mar. 2025 was 73.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Precision Drilling's liquidation value for the three months ended in Mar. 2025 was $-602 Mil.

Precision Drilling Change In Receivables Historical Data

The historical data trend for Precision Drilling'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.

Precision Drilling Change In Receivables Chart

Precision Drilling Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

Get a 7-Day Free Trial

Precision Drilling Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Precision Drilling 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Precision Drilling (NYSE:PDS) 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.

Precision Drilling's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	277.016	/	345.731	*	91
=	73.11

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

Precision Drilling's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.675	-	846.395	+	0.75 * 277.016	+	0.5 * 34.255
=	-602

Precision Drilling Change In Receivables Related Terms

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

Precision Drilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Precision Drilling Corp (NYSE:PDS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PRE1:Germany PRE1:Germany PD:Canada

Address

525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1

Website

https://www.precisiondrilling.com

Precision Drilling Corp is a provider of contract drilling and completion and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. Contract Drilling Services include drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale and repair of drilling equipment. Completion and Production Services include service rigs, oilfield equipment rental, and camp and catering services.