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Chord Energy (Chord Energy) Change In Receivables : $-195 Mil (TTM As of Mar. 2024)


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What is Chord Energy Change In Receivables?

Chord Energy's change in receivables for the quarter that ended in Mar. 2024 was $-62 Mil. It means Chord Energy's Accounts Receivable increased by $62 Mil from Dec. 2023 to Mar. 2024 .

Chord Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $-148 Mil. It means Chord Energy's Accounts Receivable increased by $148 Mil from Dec. 2022 to Dec. 2023 .

Chord Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $795 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. Chord Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Chord Energy's liquidation value for the three months ended in Mar. 2024 was $-1,018 Mil.


Chord Energy Change In Receivables Historical Data

The historical data trend for Chord 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.

Chord Energy Change In Receivables Chart

Chord Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 13.73 164.76 -184.61 84.04 -147.87

Chord Energy Quarterly Data
Dec18 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 -14.66 20.22 -263.74 110.31 -62.08

Chord 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 $-195 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.


Chord Energy  (NAS:CHRD) 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.

Chord 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
=795.285/1085.26*91
=66.87

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

Chord 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)
=296.354-1950.336+0.75 * 795.285+0.5 * 78.118
=-1,018

* 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.


Chord Energy Change In Receivables Related Terms

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Chord Energy (Chord Energy) Business Description

Traded in Other Exchanges
Address
1001 Fannin Street, Suite 1500, Houston, TX, USA, 77002
Chord Energy Corp is an independent exploration and production company. The company acquires, exploits, develops, and explores crude oil, natural gas, and natural gas liquids in the Williston Basin.
Executives
Michael H Lou officer: See Remarks 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Paul Korus director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Charles J. Rimer officer: See Remarks NOBLE ENERGY INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Lynn A Peterson director, officer: Executive Chair 1625 BROADWAY, SUITE 250, DENVER CO 80202
Shannon Browning Kinney officer: EVP, GC and Corp Secretary 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002
Samantha Holroyd director 1711 MARAVILLA DR., HOUSTON TX 77055
John David Jacobi director 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Robert Joseph Mcnally director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Anne Taylor director 800 GESSNER, SUITE 500, HOUSTON TX 77024
Lancaster N John Jr director 712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
Kevin S Mccarthy director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Susan M Cunningham director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Taylor L Reid officer: President and COO 1001 FANNIN STREET, SUITE 202, HOUSTON TX 77002
Daniel E Brown director, officer: See Remarks 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Nickolas J Lorentzatos officer: Executive VP, GC & Corp. Sec. 1001 FANNIN STREET, SUITE 1500, HOUSTON TX 77002