CNX Resources (STU:CGD) Change In Receivables : €11 Mil (TTM As of Mar. 2024)

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What is CNX Resources Change In Receivables?

CNX Resources's change in receivables for the quarter that ended in Mar. 2024 was €-1 Mil. It means CNX Resources's Accounts Receivable increased by €1 Mil from Dec. 2023 to Mar. 2024 .

CNX Resources's change in receivables for the fiscal year that ended in Dec. 2023 was €204 Mil. It means CNX Resources's Accounts Receivable declined by €204 Mil from Dec. 2022 to Dec. 2023 .

CNX Resources's Accounts Receivable for the quarter that ended in Mar. 2024 was €84 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. CNX Resources's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CNX Resources's liquidation value for the three months ended in Mar. 2024 was €-3,928 Mil.

CNX Resources Change In Receivables Historical Data

The historical data trend for CNX Resources'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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CNX Resources Change In Receivables Chart

CNX Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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185.11

47.22

-163.23

-19.13

204.26

CNX Resources 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															196.50	32.67	16.37	-37.14	-0.76

CNX Resources 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 €11 Mil.

CNX Resources (STU:CGD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	83.806	/	346.863	*	91
=	22.05

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

CNX Resources'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)
=	1.829	-	3999.536	+	0.75 * 83.806	+	0.5 * 13.219
=	-3,928

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CNX Resources (STU:CGD) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNX Resources Corp (STU:CGD) » Definitions » Change In Receivables

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CNX:USA CGD:Germany

Address

1000 Horizon Vue Drive, Canonsburg, PA, USA, 15317-6506

Website

https://www.cnx.com

CNX Resources Corp is an independent natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.

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