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Cenovus Energy (TSX:CVE) Change In Receivables : C$0 Mil (TTM As of Mar. 2025)


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What is Cenovus Energy Change In Receivables?

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

Cenovus Energy's change in receivables for the fiscal year that ended in Dec. 2024 was C$746 Mil. It means Cenovus Energy's Accounts Receivable declined by C$746 Mil from Dec. 2023 to Dec. 2024 .

Cenovus Energy's Accounts Receivable for the quarter that ended in Mar. 2025 was C$2,711 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. Cenovus Energy's Days Sales Outstanding for the three months ended in Mar. 2025 was 17.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cenovus Energy's liquidation value for the three months ended in Mar. 2025 was C$-19,374 Mil.


Cenovus Energy Change In Receivables Historical Data

The historical data trend for Cenovus 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.

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Cenovus Energy Change In Receivables Chart

Cenovus Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
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Cenovus Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Cenovus 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0 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.


Cenovus Energy  (TSX:CVE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2711/14205*91
=17.41

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

Cenovus Energy'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)
=2768-26333+0.75 * 2711+0.5 * 4316
=-19,374

* 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.


Cenovus Energy Change In Receivables Related Terms

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Cenovus Energy Business Description

Address
225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is an integrated oil company, focused on creating value through the development of its oil sands assets. The company also engages in production of conventional crude oil, natural gas liquids, and natural gas in Alberta, Canada, with refining operations in the U.S. Net upstream production averaged 786 thousand barrels of oil equivalent per day in 2022. The company had upstream projects across Western Canada; crude oil production and natural gas and NGLs production offshore China and Indonesia. The downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada.
Executives
Melanie Anne Little Director
John F. Soini Senior Officer
Geoffrey Murray Senior Officer
Michael John Crothers Director
Jeffery George Lawson Senior Officer
James Demitrius Girgulis Director
Karamjit Singh Sandhar Senior Officer
Jonathan Michael Mckenzie Senior Officer
Keith Michael Casey Director
Keith Chiasson Senior Officer
Alex Pourbaix Director, Senior Officer
Norrie Carson Ramsay Senior Officer
Rhona Marie Delfrari Senior Officer
Joseph Drew Zieglgansberger Senior Officer
Doreen Alexandra Cole Senior Officer