Scorpio Tankers (STU:S0QA) Change In Receivables : €68 Mil (TTM As of Dec. 2023)

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What is Scorpio Tankers Change In Receivables?

Scorpio Tankers's change in receivables for the quarter that ended in Dec. 2023 was €-10 Mil. It means Scorpio Tankers's Accounts Receivable increased by €10 Mil from Sep. 2023 to Dec. 2023 .

Scorpio Tankers's change in receivables for the fiscal year that ended in Dec. 2023 was €67 Mil. It means Scorpio Tankers's Accounts Receivable declined by €67 Mil from Dec. 2022 to Dec. 2023 .

Scorpio Tankers's Accounts Receivable for the quarter that ended in Dec. 2023 was €1 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. Scorpio Tankers's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Scorpio Tankers's liquidation value for the three months ended in Dec. 2023 was €-1,206 Mil.

Scorpio Tankers Change In Receivables Historical Data

The historical data trend for Scorpio Tankers'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.

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Scorpio Tankers Change In Receivables Chart

Scorpio Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.61

16.41

-4.47

-225.27

67.13

Scorpio Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-28.03	40.26	29.56	8.45	-10.04

Scorpio Tankers 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €68 Mil.

Scorpio Tankers (STU:S0QA) 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.

Scorpio Tankers's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.511	/	308.399	*	91
=	0.15

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

Scorpio Tankers's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	326.04	-	1535.925	+	0.75 * 0.511	+	0.5 * 7.167
=	-1,206

Scorpio Tankers Change In Receivables Related Terms

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Scorpio Tankers (STU:S0QA) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Scorpio Tankers Inc (STU:S0QA) » Definitions » Change In Receivables

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Traded in Other Exchanges

STNG:USA S0QA:Germany

Address

Le Millenium 9, Boulevard Charles III, Monaco, MCO, 98000

Website

https://www.scorpiotankers.com

Scorpio Tankers Inc is a provider of marine transportation of petroleum products. It owns, lease finances or bareboat charters-in 113 product tankers namely 39 LR2 tankers, 60 MR tankers and 14 Handymax tankers. The company's fleet of tankers is the largest, most eco-friendly and newest fleet on the water hauling clean petroleum products.

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