Texas Pacific Land (Texas Pacific Land) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is Texas Pacific Land Change In Receivables?

Texas Pacific Land's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Texas Pacific Land's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Texas Pacific Land's change in receivables for the fiscal year that ended in Dec. 2023 was $-24.5 Mil. It means Texas Pacific Land's Accounts Receivable increased by $24.5 Mil from Dec. 2022 to Dec. 2023 .

Texas Pacific Land's Accounts Receivable for the quarter that ended in Dec. 2023 was $129.0 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. Texas Pacific Land's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Texas Pacific Land's liquidation value for the three months ended in Dec. 2023 was $708.7 Mil.

Texas Pacific Land Change In Receivables Historical Data

The historical data trend for Texas Pacific Land'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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Texas Pacific Land Change In Receivables Chart

Texas Pacific Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-9.79

27.62

-47.60

-13.83

-24.46

Texas Pacific Land Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Texas Pacific Land 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Texas Pacific Land (NYSE:TPL) 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.

Texas Pacific Land's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	128.971	/	166.657	*	91
=	70.62

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

Texas Pacific Land's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	725.169	-	113.202	+	0.75 * 128.971	+	0.5 * 0
=	708.7

Texas Pacific Land Change In Receivables Related Terms

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Texas Pacific Land (Texas Pacific Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (NYSE:TPL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

9WY:Germany 9WY:Germany

Address

1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201

Website

https://www.texaspacific.com

Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

Executives

Murray Stahl	director	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Horizon Kinetics Asset Management Llc	10 percent owner	470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Rhys J Best	director	MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Donald G Cook	director	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Micheal W. Dobbs	officer: Senior VP, Secretory + GC	1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Karl F Kurz	director	DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Stephanie Buffington	officer: Chief Accounting Officer
Dana F. Mcginnis	director	112 E PECAN STREET, SUITE 1425, SAN ANTONIO TX 78025
Barbara J Duganier	director	6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Norris John R Iii	director	3811 TURTLE CREEK BLVD #400, C/O CALOWAY NORRIS & BURDETTE, DALLAS TX 75219
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Eric L Oliver	director	303 W WALL, SUITE 1700, MIDLAND TX 79701
Chris Steddum	officer: Chief Financial Officer	1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Tyler Glover	director, officer: President & CEO	1700 PACIFIC AVENUE, SUITE 2770, C/O TEXAS PACIFIC LAND TRUST, DALLAS TX 75201
David E. Barry	director	C/O SIDRA REAL ESTATE, INC., TWO RIVERWAY, SUITE 1010, HOUSTON TX 77056