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Pioneer Natural Resources Co (Pioneer Natural Resources Co) Accounts Receivable : $1,590 Mil (As of Dec. 2023)


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What is Pioneer Natural Resources Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Pioneer Natural Resources Co's accounts receivables for the quarter that ended in Dec. 2023 was $1,590 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Pioneer Natural Resources Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 28.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Pioneer Natural Resources Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-49.79.


Pioneer Natural Resources Co Accounts Receivable Historical Data

The historical data trend for Pioneer Natural Resources Co's Accounts Receivable 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.

Pioneer Natural Resources Co Accounts Receivable Chart

Pioneer Natural Resources Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,035.00 695.00 1,685.00 1,853.00 1,590.00

Pioneer Natural Resources Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 1,853.00 1,392.00 1,513.00 1,850.00 1,590.00

Pioneer Natural Resources Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Pioneer Natural Resources Co Accounts Receivable 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 receivables are being managed.

Pioneer Natural Resources Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1590/5076*91
=28.58

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Pioneer Natural Resources Co's accounts receivable are only considered to be worth 75% of book value:

Pioneer Natural Resources Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(379+0.75 * 1590+0.5 * 476-13442
-0-0)/233.623
=-49.79

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Pioneer Natural Resources Co Accounts Receivable Related Terms

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Pioneer Natural Resources Co (Pioneer Natural Resources Co) Business Description

Address
777 Hidden Ridge, Irving, TX, USA, 75038
Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.
Executives
Mark H Kleinman officer: EVP & General Counsel 777 HIDDEN RIDGE, IRVING TX 75038
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Bonnie S. Black officer: SVP, Technology & Ops Support 777 HIDDEN RIDGE, IRVING TX 75038
Jacinto J Hernandez director 777 HIDDEN RIDGE, IRVING TX 75038
Christopher L Washburn officer: Interim CAO 777 HIDDEN RIDGE, IRVING TX 75038
Mark Stephen Berg officer: EVP, GEN. COUNSEL & SECTY 777 HIDDEN RIDGE, IRVING TX 75038
Tyson L. Taylor officer: SVP, Human Resources 5205 N O'CONNOR BLVD., SUITE 200, IRVING TX 75039
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Stacy P. Methvin director 777 HIDDEN RIDGE, IRVING TX 75038
Lori George Billingsley director 777 HIDDEN RIDGE, IRVING TX 75038
Royce Mitchell director 777 HIDDEN RIDGE, IRVING TX 75038
Hall Jerome D Jr officer: EVP, Operations 777 HIDDEN RIDGE, IRVING TX 75038
Frank A Risch director PIONEER NATURAL RESOURCES COMPANY, 5205 N. O'CONNOR BLVD, STE 900, IRVING TX 75039
Chris J Cheatwood officer: EXEC VP WORLDWIDE EXPLORATION 777 HIDDEN RIDGE, IRVING TX 75038
Neal H Shah officer: SVP and CFO 777 HIDDEN RIDGE, IRVING TX 75038