Diamond Offshore Drilling (Diamond Offshore Drilling) Change In Receivables : $-89 Mil (TTM As of Dec. 2023)

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What is Diamond Offshore Drilling Change In Receivables?

Diamond Offshore Drilling's change in receivables for the quarter that ended in Dec. 2023 was $-92 Mil. It means Diamond Offshore Drilling's Accounts Receivable increased by $92 Mil from Sep. 2023 to Dec. 2023 .

Diamond Offshore Drilling's change in receivables for the fiscal year that ended in Dec. 2023 was $-89 Mil. It means Diamond Offshore Drilling's Accounts Receivable increased by $89 Mil from Dec. 2022 to Dec. 2023 .

Diamond Offshore Drilling's Accounts Receivable for the quarter that ended in Dec. 2023 was $253 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. Diamond Offshore Drilling's Days Sales Outstanding for the three months ended in Dec. 2023 was 77.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Diamond Offshore Drilling's liquidation value for the three months ended in Dec. 2023 was $-753 Mil.

Diamond Offshore Drilling Change In Receivables Historical Data

The historical data trend for Diamond Offshore Drilling'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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Diamond Offshore Drilling Change In Receivables Chart

Diamond Offshore Drilling Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

114.33

-25.72

-88.71

Diamond Offshore Drilling Quarterly Data
	Dec20	Mar21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial						7.86	-15.02	-10.97	29.66	-92.37

Diamond Offshore Drilling 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-89 Mil.

Diamond Offshore Drilling (NYSE:DO) 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.

Diamond Offshore Drilling's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	253.367	/	297.637	*	91
=	77.68

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

Diamond Offshore Drilling's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	124.457	-	1067.702	+	0.75 * 253.367	+	0.5 * 0
=	-753

Diamond Offshore Drilling Change In Receivables Related Terms

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Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DO10:Germany

Address

15415 Katy Freeway, Houston, TX, USA, 77094

Website

http://www.diamondoffshore.com

Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.

Executives

Dominic A Savarino	officer: VP and Chief Acct/Tax Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas	director	1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe	director	6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes	director	13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford	director, officer: President and CEO	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell	director	ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague	director	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard	director
Anatol Feygin	director	700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau	officer: Acting Chief Financial Officer	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth	officer: Senior Vice President	15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094