Callon Petroleum Company Accounts Receivables 2011-2026 | CPE

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 Callon Petroleum Company

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
207 M	237 M	232 M	133 M	209 M	132 M	114 M	69.8 M	39.6 M	30.2 M	20.6 M	15.6 M	15.2 M	10.7 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
237 M	10.7 M	105 M

Quarterly Accounts Receivables Callon Petroleum Company

2023-Q3	2023-Q2	2023-Q1	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
262 M	165 M	210 M	237 M	286 M	361 M	348 M	232 M	216 M	200 M	179 M	133 M	113 M	95.8 M	93 M	209 M	114 M	93 M	137 M	132 M	169 M	112 M	122 M	114 M	82 M	77.6 M	76 M	69.8 M	56.2 M	44.5 M	33.7 M	39.6 M	39.4 M	34.5 M	31.9 M	30.2 M	27.9 M	27 M	23.2 M	20.6 M	20.1 M	15.8 M	15 M	15.6 M	16.6 M	17.2 M	18.5 M	15.2 M	15.8 M	19 M	15.2 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
361 M	15 M	103 M

Accounts Receivables of other stocks in the Oil gas drilling industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
ConocoPhillips COP	4.42 B	$ 118.31	-1.78 %	$ 148 B	USA
Battalion Oil Corporation BATL	12.1 M	$ 1.75	-7.67 %	$ 28.8 M	USA
EQT Corporation EQT	1.46 B	$ 56.75	-2.02 %	$ 34.7 B	USA
Borr Drilling Limited BORR	43 M	$ 5.39	-2.45 %	$ 1.41 B	Bermuda
Diamondback Energy FANG	1.13 B	$ 198.88	-0.91 %	$ 57.5 B	USA
Berry Corporation BRY	77.6 M	-	-	$ 268 M	USA
Camber Energy CEI	4.74 M	-	-6.1 %	$ 11.9 M	USA
Chesapeake Energy Corporation CHK	1.6 B	-	-0.96 %	$ 10.8 B	USA
Calumet Specialty Products Partners, L.P. CLMT	252 M	$ 34.22	-	$ 2.74 B	USA
Continental Resources CLR	1.41 B	-	0.04 %	$ 27 B	USA
Helmerich & Payne HP	783 M	$ 40.5	1.55 %	$ 4.02 B	USA
Abraxas Petroleum Corporation AXAS	4.96 M	-	-65.98 %	$ 10.3 M	USA
Kosmos Energy Ltd. KOS	103 M	$ 2.91	-4.13 %	$ 1.39 B	Bermuda
Earthstone Energy ESTE	162 M	-	-	$ 1.87 B	USA
Falcon Minerals Corporation FLMN	10 M	-	-2.56 %	$ 2.02 B	USA
PrimeEnergy Resources Corporation PNRG	19.4 M	$ 248.72	-4.06 %	$ 413 M	USA
Hess Corporation HES	196 M	-	-	$ 45.7 B	USA
Houston American Energy Corp. HUSA	56.9 K	-	-	$ 24.4 M	USA
Independence Contract Drilling ICD	31.7 M	-	-11.38 %	$ 8.27 M	USA