California Resources (FRA:1CLD) Change In Receivables : €0 Mil (TTM As of Mar. 2024)

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What is California Resources Change In Receivables?

California Resources's change in receivables for the quarter that ended in Mar. 2024 was €0 Mil. It means California Resources's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

California Resources's change in receivables for the fiscal year that ended in Dec. 2023 was €101 Mil. It means California Resources's Accounts Receivable declined by €101 Mil from Dec. 2022 to Dec. 2023 .

California Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was €177 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. California Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. California Resources's liquidation value for the three months ended in Mar. 2024 was €-1,136 Mil.

California Resources Change In Receivables Historical Data

The historical data trend for California Resources'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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California Resources Change In Receivables Chart

California Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.80

-60.18

-76.46

100.87

California Resources 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															-	-	-	-	-

California Resources 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 €0 Mil.

California Resources (FRA:1CLD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	176.64	/	476.56	*	91
=	33.82

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

California Resources'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)
=	370.76	-	1671.64	+	0.75 * 176.64	+	0.5 * 64.4
=	-1,136

California Resources Change In Receivables Related Terms

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California Resources (FRA:1CLD) Business Description

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CRC:USA

Address

1 World Trade Center, Suite 1500, Long Beach, CA, USA, 90831

Website

https://www.crc.com

California Resources Corp is an independent oil and natural gas exploration and production company operating properties exclusively within California. It provides affordable and reliable energy in a safe and responsible manner, to support and enhance the quality of life of Californians and the local communities in which the company operates. It has some of the lowest carbon intensity production in the United States and is focused on maximizing the value of its land, mineral, and technical resources for decarbonization by developing carbon capture and storage (CCS) and other emissions-reducing projects. CRC has a large portfolio of lower-risk conventional opportunities in the following California oil and gas basins: San Joaquin, Los Angeles, Ventura, and Sacramento.

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