GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Energy Technology & Services Ltd (SHSE:600968) » Definitions » Change In Receivables

CNOOC Energy Technology & Services (SHSE:600968) Change In Receivables : ¥0 Mil (TTM As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is CNOOC Energy Technology & Services Change In Receivables?

CNOOC Energy Technology & Services's change in receivables for the quarter that ended in Mar. 2024 was ¥0 Mil. It means CNOOC Energy Technology & Services's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

CNOOC Energy Technology & Services's change in receivables for the fiscal year that ended in Dec. 2023 was ¥2,165 Mil. It means CNOOC Energy Technology & Services's Accounts Receivable declined by ¥2,165 Mil from Dec. 2022 to Dec. 2023 .

CNOOC Energy Technology & Services's Accounts Receivable for the quarter that ended in Mar. 2024 was ¥8,597 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. CNOOC Energy Technology & Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CNOOC Energy Technology & Services's liquidation value for the three months ended in Mar. 2024 was ¥-408 Mil.


CNOOC Energy Technology & Services Change In Receivables Historical Data

The historical data trend for CNOOC Energy Technology & 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.

* Premium members only.

CNOOC Energy Technology & Services Change In Receivables Chart

CNOOC Energy Technology & Services 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 -1,104.90 -1,021.83 -1,987.55 -1,860.26 2,164.65

CNOOC Energy Technology & Services 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 - - - - -

CNOOC Energy Technology & 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥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.


CNOOC Energy Technology & Services  (SHSE:600968) 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.

CNOOC Energy Technology & Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8596.744/9207.087*91
=85.20

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

CNOOC Energy Technology & Services'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)
=9235.251-16596.809+0.75 * 8596.744+0.5 * 1011.532
=-408

* 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.


CNOOC Energy Technology & Services Change In Receivables Related Terms

Thank you for viewing the detailed overview of CNOOC Energy Technology & Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


CNOOC Energy Technology & Services (SHSE:600968) Business Description

Traded in Other Exchanges
N/A
Address
Number 6 Waizhi Street, Haiyou Building, Dongzhimen, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers most of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: energy technology services, FPSO production technology services , energy logistics services, safety, environmental protection and energy conservation.

CNOOC Energy Technology & Services (SHSE:600968) Headlines

No Headlines