Energen's change in receivables for the quarter that ended in Sep. 2018 was $-17 Mil. It means Energen's Accounts Receivable
increased by $17 Mil
from Jun. 2018 to Sep. 2018 .
Energen's change in receivables for the fiscal year that ended in Dec. 2017 was $-85 Mil. It means Energen's Accounts Receivable
increased by $85 Mil
from Dec. 2016 to Dec. 2017 .
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.
Energen's Days Sales Outstanding for the
three
months ended in Sep. 2018 was 44.04.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Energen's liquidation value for the
three
months ended in Sep. 2018 was $-1,947 Mil.
Energen Change In Receivables Historical Data
The historical data trend for Energen'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.
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 Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-55 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.
Energen (NYSE:EGN) 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.
Energen's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:
* 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.
Energen Change In Receivables Related Terms
Thank you for viewing the detailed overview of Energen's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Energen Corp is an exploration and production company focused on the exploration, development, and production of oil, natural gas liquids, and natural gas. Its core business is centered around increasing production and adding proven reserves. In addition, the company explores for and develops new reservoirs, primarily in areas which it has an existing presence. Traditionally, all of the oil, natural gas liquids, and natural gas is sold to third parties. Energen has expanded proven reserves from regulatory approvals for drilling unit downspacing. This approval increases the number of available drilling locations, changes the operating environments, technology enhancements, and increases knowledge of field geology and engineering parameters relative to oil and natural gas reservoirs.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EGN has been successfully added to your 