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Gibson Energy (STU:8GB) Change In Receivables : €-146 Mil (TTM As of Mar. 2024)


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What is Gibson Energy Change In Receivables?

Gibson Energy's change in receivables for the quarter that ended in Mar. 2024 was €-118 Mil. It means Gibson Energy's Accounts Receivable increased by €118 Mil from Dec. 2023 to Mar. 2024 .

Gibson Energy's change in receivables for the fiscal year that ended in Dec. 2023 was €-139 Mil. It means Gibson Energy's Accounts Receivable increased by €139 Mil from Dec. 2022 to Dec. 2023 .

Gibson Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was €579 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. Gibson Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gibson Energy's liquidation value for the three months ended in Mar. 2024 was €-2,284 Mil.


Gibson Energy Change In Receivables Historical Data

The historical data trend for Gibson 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.

Gibson Energy Change In Receivables Chart

Gibson Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -105.21 65.04 -231.74 163.24 -139.05

Gibson 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 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 -112.15 -32.93 -62.30 67.15 -117.95

Gibson 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 €-146 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.


Gibson Energy  (STU:8GB) 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.

Gibson 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
=578.74/2235.165*91
=23.63

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

Gibson 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)
=73.987-2914.71+0.75 * 578.74+0.5 * 245.827
=-2,284

* 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.


Gibson Energy Change In Receivables Related Terms

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Gibson Energy (STU:8GB) Business Description

Traded in Other Exchanges
Address
440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9
Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.

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