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Golden Energy Offshore Services ASA (Golden Energy Offshore Services ASA) Change In Receivables : $0.00 Mil (TTM As of Dec. 2023)


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What is Golden Energy Offshore Services ASA Change In Receivables?

Golden Energy Offshore Services ASA's change in receivables for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Golden Energy Offshore Services ASA's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Golden Energy Offshore Services ASA's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.06 Mil. It means Golden Energy Offshore Services ASA's Accounts Receivable increased by $1.06 Mil from Dec. 2022 to Dec. 2023 .

Golden Energy Offshore Services ASA's Accounts Receivable for the quarter that ended in Dec. 2023 was $5.65 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. Golden Energy Offshore Services ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Golden Energy Offshore Services ASA's liquidation value for the three months ended in Dec. 2023 was $-89.13 Mil.


Golden Energy Offshore Services ASA Change In Receivables Historical Data

The historical data trend for Golden Energy Offshore Services ASA'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.

Golden Energy Offshore Services ASA Change In Receivables Chart

Golden Energy Offshore Services ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.30 -1.06

Golden Energy Offshore Services ASA Quarterly Data
Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Golden Energy Offshore Services ASA 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 $0.00 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.


Golden Energy Offshore Services ASA  (OTCPK:GEOUD) 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.

Golden Energy Offshore Services ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.651/7.626*91
=67.62

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

Golden Energy Offshore Services ASA'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)
=3.563-97.578+0.75 * 5.651+0.5 * 1.289
=-89.13

* 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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Golden Energy Offshore Services ASA (Golden Energy Offshore Services ASA) Business Description

Traded in Other Exchanges
Address
St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services AS is a shipowner and operator of modern and high-spec offshore service vessels for the oil and gas service industry. The company's fleet includes Energy Empress, Larissa, and many more. Geographically, it derives a majority of its revenue from Europe.

Golden Energy Offshore Services ASA (Golden Energy Offshore Services ASA) Headlines