Trican Well Service (TSX:TCW) Change In Receivables : C$9.7 Mil (TTM As of Mar. 2025)

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What is Trican Well Service Change In Receivables?

Trican Well Service's change in receivables for the quarter that ended in Mar. 2025 was C$-19.2 Mil. It means Trican Well Service's Accounts Receivable increased by C$19.2 Mil from Dec. 2024 to Mar. 2025 .

Trican Well Service's change in receivables for the fiscal year that ended in Dec. 2024 was C$-29.5 Mil. It means Trican Well Service's Accounts Receivable increased by C$29.5 Mil from Dec. 2023 to Dec. 2024 .

Trican Well Service's Accounts Receivable for the quarter that ended in Mar. 2025 was C$229.8 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. Trican Well Service's Days Sales Outstanding for the three months ended in Mar. 2025 was 80.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trican Well Service's liquidation value for the three months ended in Mar. 2025 was C$13.6 Mil.

Trican Well Service Change In Receivables Historical Data

The historical data trend for Trican Well Service'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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Trican Well Service Change In Receivables Chart

Trican Well Service Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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60.15

-51.03

-47.65

-5.69

-29.49

Trican Well Service 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															-58.37	57.63	-10.09	-18.67	-19.19

Trican Well Service 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$9.7 Mil.

Trican Well Service (TSX:TCW) 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.

Trican Well Service's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	229.814	/	259.073	*	91
=	80.94

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

Trican Well Service'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)
=	4.132	-	173.397	+	0.75 * 229.814	+	0.5 * 21.101
=	13.6

Trican Well Service Change In Receivables Related Terms

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Trican Well Service Business Description

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TOLWF:USA TWZ:Germany

Address

645 - 7th Avenue South West, Suite 2900, Calgary, AB, CAN, T2P 4G8

Website

https://www.tricanwellservice.com

Trican Well Service Ltd is an equipment services company. It provides products, equipment, services, and technology for use in the drilling, completion, stimulation, and reworking of oil and gas wells through its continuing pressure pumping operations in Canada. The company offers services related to coiled tubing, pipeline service, cementing, fracturing and reservoir solutions. The company offers these services to customers in Canada from operating bases located across the Western Canadian Sedimentary Basin (WCSB).

Executives

Sime Armoyan	10% Security Holder
Daniel Adam Lopushinsky	Senior Officer
Kathleen Janet Mccrum	Senior Officer
Chika Benjamin Onwuekwe	Senior Officer
Scott Eric Matson	Senior Officer
James Charles Rukin	Senior Officer
Brian James Lane	Senior Officer
Trevor Alan Funk	Senior Officer
Michael Joseph Mcnulty	Director
Thomas Malcolm Alford	Director
Dawn Amanda Sweany	Senior Officer
William Harold Anderson	Senior Officer
Deborah Susan Stein	Director
Michael Rapps	Director
Clarke Inc.	10% Security Holder

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