Calfrac Well Services (TSX:CFW) Change In Receivables : C$-53 Mil (TTM As of Dec. 2024)

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What is Calfrac Well Services Change In Receivables?

Calfrac Well Services's change in receivables for the quarter that ended in Dec. 2024 was C$71 Mil. It means Calfrac Well Services's Accounts Receivable declined by C$71 Mil from Sep. 2024 to Dec. 2024 .

Calfrac Well Services's change in receivables for the fiscal year that ended in Dec. 2024 was C$-18 Mil. It means Calfrac Well Services's Accounts Receivable increased by C$18 Mil from Dec. 2023 to Dec. 2024 .

Calfrac Well Services's Accounts Receivable for the quarter that ended in Dec. 2024 was C$251 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. Calfrac Well Services's Days Sales Outstanding for the three months ended in Dec. 2024 was 60.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Calfrac Well Services's liquidation value for the three months ended in Dec. 2024 was C$-276 Mil.

Calfrac Well Services Change In Receivables Historical Data

The historical data trend for Calfrac Well Services'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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Calfrac Well Services Change In Receivables Chart

Calfrac Well Services Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

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Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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77.24

-51.68

-78.32

-12.12

-18.32

Calfrac Well Services 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															81.51	-	-111.50	-13.08	71.15

Calfrac Well Services 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 C$-53 Mil.

Calfrac Well Services (TSX:CFW) 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.

Calfrac Well Services's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	251.108	/	381.23	*	91
=	60.10

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

Calfrac Well Services'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)
=	44.045	-	581.51	+	0.75 * 251.108	+	0.5 * 145.506
=	-276

Calfrac Well Services Change In Receivables Related Terms

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Calfrac Well Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Calfrac Well Services Ltd (TSX:CFW) » Definitions » Change In Receivables

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Traded in Other Exchanges

CFWFF:USA 5CFA:Germany

Address

407 - 8th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 1E5

Website

https://www.calfrac.com

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other good completion services to the oil and natural gas industries in Canada, the United States and Argentina. It provides solutions for fresh and high TDS brine applications, support for high viscosity friction reducer fracture fluid systems, along with all traditional industry applications of gel based, crosslink and energized fracturing needs. Its coiled tubing service line offers capability in coiled tubing completions and interventions. It generates maximum revenue from the United States.

Executives

Marco Antonio Aranguren	Senior Officer
Charles Pellerin	Director
Anuroop Duggal	Director
Chetan Rohit Mehta	Director
Sime Armoyan	10% Security Holder
Alif Husein Noorani	Senior Officer
Douglas Robert Ramsay	Director
Edward Oke	Senior Officer
Glendon Capital Management L.p.	10% Security Holder
Ronald Mathison	Director, Director or Senior Officer of 10% Security Holder
Lindsay Robert Link	Director, Senior Officer
Michael Dean Olinek	Senior Officer
Scott Antony Treadwell	Senior Officer
Freddie Lynn Toney	Senior Officer
Robert Sutherland	Senior Officer

Calfrac Well Services Headlines

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