Amplify Energy (Amplify Energy) Change In Receivables : $29.3 Mil (TTM As of Mar. 2024)

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What is Amplify Energy Change In Receivables?

Amplify Energy's change in receivables for the quarter that ended in Mar. 2024 was $2.5 Mil. It means Amplify Energy's Accounts Receivable declined by $2.5 Mil from Dec. 2023 to Mar. 2024 .

Amplify Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $41.3 Mil. It means Amplify Energy's Accounts Receivable declined by $41.3 Mil from Dec. 2022 to Dec. 2023 .

Amplify Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $31.6 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. Amplify Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Amplify Energy's liquidation value for the three months ended in Mar. 2024 was $-304.5 Mil.

Amplify Energy Change In Receivables Historical Data

The historical data trend for Amplify 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.

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Amplify Energy Change In Receivables Chart

Amplify Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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10.70

1.95

-61.17

2.82

41.26

Amplify Energy 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															14.48	2.87	15.15	8.77	2.53

Amplify 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $29.3 Mil.

Amplify Energy (NYSE:AMPY) 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.

Amplify Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.57	/	76.299	*	91
=	37.76

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

Amplify Energy'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)
=	2.989	-	331.189	+	0.75 * 31.57	+	0.5 * 0
=	-304.5

Amplify Energy Change In Receivables Related Terms

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Amplify Energy (Amplify Energy) Business Description

Industry

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Traded in Other Exchanges

2OQ:Germany 2OQ:Germany

Address

500 Dallas Street, Suite 1700, Houston, TX, USA, 77002

Website

https://www.amplifyenergy.com

Amplify Energy Corp is an independent oil and natural gas company engaged in the acquisition, development, exploitation, and production of oil and natural gas properties in the United States. The company's oil and natural gas properties are located in large, mature oil and natural gas reservoirs. The company assets consist of producing oil and natural gas properties located in Oklahoma, the Rockies, federal waters offshore Southern California, East Texas/North Louisiana, and Eagle Ford.

Executives

Eric Edward Dulany	officer: See Remarks	C/O AMPLIFY ENERGY, 500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James Frew	officer: SVP, CHIEF FINANCIAL OFFICER	500 DALLAS STREET, SUITE 2700, HOUSTON TX 77002
Daniel Furbee	officer: SVP, CHIEF OPERATING OFFICER	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Vidisha Prasad	director	C/O CENTENNIAL RESOURCE DEVELOPMENT, INC, 1001 17TH STREET, SUITE 1800, DENVER CO 80202
Deborah G Adams	director	FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010
Todd R Snyder	director	1251 AVENUE OF THE AMERICAS, 51ST FLOOR, NY NY 10020
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Martyn Willsher	officer: SVP, CFO	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
Christopher W. Hamm	director	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002
James E Craddock	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Eric T. Greager	director	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Evan S. Lederman	director	C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
David Proman	director	C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Richard Smiley	officer: Senior V.P. Operations	500 DALLAS STREET, SUITE 1800, HOUSTON TX 77002
Anthony William Lopez	officer: See Remarks	500 DALLAS STREET, SUITE 1700, HOUSTON TX 77002