Abraxas Petroleum Corporation Accounts Receivables 2011-2026 | AXAS

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Abraxas Petroleum Corporation

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
4.96 M	13.5 M	10 M	19.6 M	39.6 M	32.1 M	13.5 M	9.51 M	21.6 M	33.6 M	20.4 M	12.9 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
39.6 M	4.96 M	19.3 M

Quarterly Accounts Receivables Abraxas Petroleum Corporation

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	5.4 M	7.8 M	7.52 M	13.5 M	14.8 M	14 M	11.2 M	10 M	10 M	10 M	10 M	19.6 M	19.6 M	19.6 M	19.6 M	39.6 M	39.6 M	39.6 M	39.6 M	32.1 M	32.1 M	32.1 M	32.1 M	13.5 M	13.5 M	13.5 M	13.5 M	9.51 M	9.51 M	9.51 M	9.51 M	21.6 M	21.6 M	21.6 M	21.6 M	33.6 M	33.6 M	33.6 M	33.6 M	20.4 M	20.4 M	20.4 M	20.4 M	12.9 M	12.9 M	12.9 M	12.9 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
39.6 M	5.4 M	19.7 M

Accounts Receivables of other stocks in the Oil gas drilling industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
Battalion Oil Corporation BATL	12.1 M	$ 9.14	-17.51 %	$ 150 M	USA
EOG Resources EOG	2.29 B	$ 142.53	2.04 %	$ 77.4 B	USA
Berry Corporation BRY	86.3 M	-	-	$ 268 M	USA
Camber Energy CEI	4.74 M	-	-6.1 %	$ 11.9 M	USA
Falcon Minerals Corporation FLMN	10 M	-	-2.56 %	$ 2.02 B	USA
Helmerich & Payne HP	783 M	$ 37.28	0.4 %	$ 3.7 B	USA
Antero Resources Corporation AR	33.8 M	$ 43.37	1.89 %	$ 13.4 B	USA
Callon Petroleum Company CPE	207 M	-	-	$ 2.31 B	USA
Calumet Specialty Products Partners, L.P. CLMT	252 M	$ 29.25	4.24 %	$ 2.34 B	USA
Devon Energy Corporation DVN	1.79 B	$ 50.27	3.69 %	$ 31.8 B	USA
Marathon Oil Corporation MRO	1.15 B	-	-	$ 17.3 B	USA
Nabors Industries Ltd. NBR	392 M	$ 85.99	1.26 %	$ 1.13 B	Bermuda
Northern Oil and Gas NOG	390 M	-	-1.77 %	$ 1.43 B	USA
Genie Energy Ltd. GNE	61.9 M	$ 13.77	-3.23 %	$ 352 M	USA
California Resources Corporation CRC	333 M	$ 65.33	2.32 %	$ 5.68 B	USA
Murphy Oil Corporation MUR	347 M	$ 38.62	2.79 %	$ 5.53 B	USA
Mexco Energy Corporation MXC	68 K	$ 10.93	-0.36 %	$ 22.6 M	USA
Gran Tierra Energy GTE	32.9 M	$ 8.61	6.56 %	$ 305 M	Canada