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Imperial Petroleum (Imperial Petroleum) Change In Receivables : $-5.2 Mil (TTM As of Mar. 2024)


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What is Imperial Petroleum Change In Receivables?

Imperial Petroleum's change in receivables for the quarter that ended in Mar. 2024 was $-4.1 Mil. It means Imperial Petroleum's Accounts Receivable increased by $4.1 Mil from Dec. 2023 to Mar. 2024 .

Imperial Petroleum's change in receivables for the fiscal year that ended in Dec. 2023 was $-8.7 Mil. It means Imperial Petroleum's Accounts Receivable increased by $8.7 Mil from Dec. 2022 to Dec. 2023 .

Imperial Petroleum's Accounts Receivable for the quarter that ended in Mar. 2024 was $16.7 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. Imperial Petroleum's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Imperial Petroleum's liquidation value for the three months ended in Mar. 2024 was $67.1 Mil.


Imperial Petroleum Change In Receivables Historical Data

The historical data trend for Imperial Petroleum'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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Imperial Petroleum Change In Receivables Chart

Imperial Petroleum Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 -0.49 -0.73 -6.50 -8.73

Imperial Petroleum Quarterly Data
Jul11 Oct11 Jan12 Apr12 Dec19 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 -7.69 4.33 -2.44 -2.92 -4.13

Imperial Petroleum 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 $-5.2 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.


Imperial Petroleum  (NAS:IMPP) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.748/41.203*91
=37.09

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

Imperial Petroleum'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)
=66.959-16.325+0.75 * 16.748+0.5 * 7.865
=67.1

* 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.


Imperial Petroleum Change In Receivables Related Terms

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Imperial Petroleum (Imperial Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.