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Sitio Royalties (Sitio Royalties) Change In Receivables : $12.4 Mil (TTM As of Mar. 2024)


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What is Sitio Royalties Change In Receivables?

Sitio Royalties's change in receivables for the quarter that ended in Mar. 2024 was $-6.2 Mil. It means Sitio Royalties's Accounts Receivable increased by $6.2 Mil from Dec. 2023 to Mar. 2024 .

Sitio Royalties's change in receivables for the fiscal year that ended in Dec. 2023 was $33.6 Mil. It means Sitio Royalties's Accounts Receivable declined by $33.6 Mil from Dec. 2022 to Dec. 2023 .

Sitio Royalties's Accounts Receivable for the quarter that ended in Mar. 2024 was $113.6 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. Sitio Royalties's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sitio Royalties's liquidation value for the three months ended in Mar. 2024 was $-1,055.1 Mil.


Sitio Royalties Change In Receivables Historical Data

The historical data trend for Sitio Royalties'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.

* Premium members only.

Sitio Royalties Change In Receivables Chart

Sitio Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
4.44 -27.70 -25.31 33.56

Sitio Royalties Quarterly Data
Dec20 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 14.95 8.95 2.29 7.38 -6.23

Sitio Royalties 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 $12.4 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.


Sitio Royalties  (NYSE:STR) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=113.575/151.391*91
=68.46

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

Sitio Royalties'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)
=11.746-1151.998+0.75 * 113.575+0.5 * 0
=-1,055.1

* 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.


Sitio Royalties Change In Receivables Related Terms

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Sitio Royalties (Sitio Royalties) Business Description

Traded in Other Exchanges
Address
1401 Lawrence Street, Suite 1750, Denver, CO, USA, 80202
Sitio Royalties Corp is a pure-play mineral and royalty company. The group focuses on investing in mineral and royalty interests in the Permian and other productive U.S. oil basins.
Executives
Christopher L. Conoscenti director, officer: Chief Executive Officer 1144 15TH STREET, SUITE 2650, DENVER CO 80202
Oaktree Holdings, Ltd. director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp director, 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Ocm Fie, Llc director, 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Bx Royal Aggregator Lp 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bcp Vi/bep Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Steven R Jones director 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Claire Harvey director 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Bam Partners Trust director, 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Alice E Gould director C/O COREPOINT LODGING INC., 909 HIDDEN RIDGE, SUITE 600, IRVING TX 75038
Michael J Downs officer: Chief Operating Officer 1845 WALNUT STREET, SUITE 1111, PHILADELPHIA PA 19103
Stephen J. Pilatzke officer: Chief Accounting Officer 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Bryan Gunderson director, officer: CEO and President 510 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10022

Sitio Royalties (Sitio Royalties) Headlines