Whiting Petroleum Corporation Accounts Receivables | WLL

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 Whiting Petroleum Corporation

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
280 M	143 M	308 M	294 M	284 M	174 M	332 M	543 M	341 M	318 M	263 M	200 M	152 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
543 M	143 M	279 M

Quarterly Accounts Receivables Whiting 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	2010-Q3	2010-Q2
-	-	-	333 M	280 M	218 M	214 M	203 M	143 M	129 M	165 M	246 M	308 M	294 M	293 M	278 M	294 M	316 M	287 M	270 M	284 M	225 M	210 M	185 M	174 M	216 M	233 M	262 M	332 M	354 M	455 M	505 M	543 M	454 M	464 M	378 M	341 M	362 M	346 M	332 M	318 M	345 M	294 M	294 M	263 M	231 M	212 M	244 M	182 M	169 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
543 M	129 M	287 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	$ 1.12	2.28 %	$ 18.4 M	USA
Callon Petroleum Company CPE	207 M	-	-	$ 2.31 B	USA
Borr Drilling Limited BORR	43 M	$ 4.26	0.11 %	$ 1.12 B	Bermuda
Barnwell Industries BRN	913 K	$ 0.97	2.93 %	$ 9.75 M	USA
Calumet Specialty Products Partners, L.P. CLMT	252 M	$ 53.85	0.39 %	$ 4.31 B	USA
Independence Contract Drilling ICD	31.7 M	-	-11.38 %	$ 8.27 M	USA
CNX Resources Corporation CNX	265 M	$ 33.41	1.24 %	$ 4.73 B	USA
ConocoPhillips COP	4.42 B	$ 129.34	0.96 %	$ 162 B	USA
California Resources Corporation CRC	333 M	$ 52.43	0.63 %	$ 4.56 B	USA
Dorchester Minerals, L.P. DMLP	16.5 M	$ 29.31	0.69 %	$ 1.4 B	USA
Devon Energy Corporation DVN	1.79 B	$ 48.9	1.78 %	$ 30.9 B	USA
Hess Corporation HES	196 M	-	-	$ 45.7 B	USA
VAALCO Energy EGY	39.9 M	$ 5.94	1.71 %	$ 618 M	USA
EOG Resources EOG	2.29 B	$ 142.86	0.63 %	$ 77.6 B	USA
Evolution Petroleum Corporation EPM	10.1 M	$ 3.63	0.83 %	$ 124 M	USA
EQT Corporation EQT	1.46 B	$ 51.87	1.56 %	$ 31.7 B	USA
Enerplus Corporation ERF	268 M	-	-	$ 4.25 B	Canada
Diamondback Energy FANG	1.13 B	$ 189.01	1.81 %	$ 54.6 B	USA
Falcon Minerals Corporation FLMN	10 M	-	-2.56 %	$ 2.02 B	USA
New Concept Energy GBR	44 K	$ 0.71	0.8 %	$ 3.64 K	USA
Genie Energy Ltd. GNE	70.1 M	$ 15.79	0.76 %	$ 415 M	USA
Gran Tierra Energy GTE	32.9 M	$ 10.18	2.11 %	$ 361 M	Canada
Helmerich & Payne HP	783 M	$ 39.82	0.66 %	$ 3.95 B	USA
Indonesia Energy Corporation Limited INDO	343 K	$ 2.88	0.7 %	$ 44.3 M	Indonesia
Magnolia Oil & Gas Corporation MGY	117 M	$ 24.74	1.31 %	$ 4.59 B	USA
Matador Resources Company MTDR	286 M	$ 52.97	1.63 %	$ 6.6 B	USA
Murphy Oil Corporation MUR	347 M	$ 37.38	3.23 %	$ 5.35 B	USA
Southwestern Energy Company SWN	680 M	-	-	$ 7.83 B	USA
Nabors Industries Ltd. NBR	392 M	$ 82.99	0.01 %	$ 1.09 B	Bermuda
PEDEVCO Corp. PED	25.7 M	$ 13.67	3.09 %	$ 63.1 M	USA
Patterson-UTI Energy PTEN	723 M	$ 11.18	0.99 %	$ 4.29 B	USA
Ring Energy REI	30.9 M	$ 1.35	1.12 %	$ 277 M	USA
Transocean Ltd. RIG	540 M	$ 5.43	0.27 %	$ 5.21 B	Schweiz
Range Resources Corporation RRC	359 M	$ 39.14	0.93 %	$ 9.31 B	USA
SandRidge Energy SD	26.2 M	$ 14.17	1.0 %	$ 521 M	USA
Antero Resources Corporation AR	33.8 M	$ 36.09	1.23 %	$ 11.2 B	USA
SM Energy Company SM	331 M	$ 35.1	2.32 %	$ 4.04 B	USA
PDC Energy PDCE	546 M	-	-	$ 7 B	USA
SilverBow Resources SBOW	138 M	-	-	$ 861 M	USA
Tellurian TELL	25.8 M	-	0.16 %	$ 566 M	USA
Marathon Oil Corporation MRO	1.15 B	-	-	$ 17.3 B	USA