PBF Energy (LTS:0KE0) Change In Receivables : $5 Mil (TTM As of Mar. 2024)

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What is PBF Energy Change In Receivables?

PBF Energy's change in receivables for the quarter that ended in Mar. 2024 was $183 Mil. It means PBF Energy's Accounts Receivable declined by $183 Mil from Dec. 2023 to Mar. 2024 .

PBF Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $94 Mil. It means PBF Energy's Accounts Receivable declined by $94 Mil from Dec. 2022 to Dec. 2023 .

PBF Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,179 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. PBF Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PBF Energy's liquidation value for the three months ended in Mar. 2024 was $-3,439 Mil.

PBF Energy Change In Receivables Historical Data

The historical data trend for PBF 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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PBF Energy Change In Receivables Chart

PBF Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-116.10

322.10

-764.70

-178.80

93.80

PBF 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															272.30	-184.60	-214.80	220.90	183.30

PBF 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 $5 Mil.

PBF Energy (LTS:0KE0) 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.

PBF 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
=	1179.1	/	8645.6	*	91
=	12.44

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

PBF 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)
=	1441.5	-	7210	+	0.75 * 1179.1	+	0.5 * 2891.3
=	-3,439

PBF Energy Change In Receivables Related Terms

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PBF Energy (LTS:0KE0) Business Description

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Address

One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054

Website

https://www.pbfenergy.com

PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.

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