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Suncor Energy (TSX:SU) Change In Receivables : C$0 Mil (TTM As of Dec. 2023)


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What is Suncor Energy Change In Receivables?

Suncor Energy's change in receivables for the quarter that ended in Dec. 2023 was C$0 Mil. It means Suncor Energy's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Suncor Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$0 Mil. It means Suncor Energy's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Suncor Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was C$5,735 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. Suncor Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Suncor Energy's liquidation value for the three months ended in Dec. 2023 was C$-36,547 Mil.


Suncor Energy Change In Receivables Historical Data

The historical data trend for Suncor 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.

* Premium members only.

Suncor Energy Change In Receivables Chart

Suncor Energy Annual Data
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Suncor Energy Quarterly Data
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Suncor 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 Dec. 2023 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.


Suncor Energy  (TSX:SU) 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.

Suncor Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5735/13589*91
=38.51

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

Suncor Energy'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)
=1729-45260+0.75 * 5735+0.5 * 5365
=-36,547

* 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.


Suncor Energy Change In Receivables Related Terms

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Suncor Energy (TSX:SU) Business Description

Traded in Other Exchanges
Address
150 - 6th Avenue S.W., P.O. Box 2844, Calgary, AB, CAN, T2P 3E3
Suncor Energy Inc is an integrated energy company. The company's operations include oil sands development, production and upgrading, offshore oil and gas, petroleum refining in Canada and the U.S. and the company's Petro-Canada retail and wholesale distribution networks. The company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power, renewable fuels and hydrogen. It also conducts energy trading activities focused principally on the marketing and trading of crude oil, natural gas, byproducts, refined products and power.

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