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California Resources Corp  (CRC)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

California Resources Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


California Resources Corp's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 11.26, above the company average. This is a clear sign of healthy business climate in the Oil And Gas Production industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the California Resources in Dec 31 2023 quarter, has decreased to 32 days, compared to 37 days, in the Sep 30 2023 quarter.

If we take a look into Energy sector 29 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 712, from overall ranking in the third quarter 2023 at 1548.

What is Receivable Turnover Ratio?
What is California Resources Corp Selling?


What is Receivable Turnover Ratio?




CRC Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -34.54 % -16.2 % -37.65 % -7.31 % 46.53 %
Y / Y Revenue Change 6.45 % -59.11 % -20.88 % 569.28 % 7.57 %
Receivable Turnover Ratio (TTM) 11.26 9.86 11.69 11.02 8.2
CRC's Total Ranking # 712 # 1548 # 1227 # 174 # 1035
Average receivable collection period 32 37 31 33 45
Seq. Receivable Change -12.64 % 26.89 % -24.01 % -22.28 % 11.84 %
Seq. Revenue Change 57.83 % -22.17 % -42.29 % 50.15 % -39.38 %


Receivable Turnover Company Ranking
Within: No.
Oil And Gas Production Industry # 12
Energy Sector # 30
Overall Market # 712

Receivable Turnover Ratio Statistics
High Average Low
0.9 0.48 0.23
(Mar 31 2023)   (June 30. 2016)






Financial Statements
California Resources's Accounts Receivable $ 235 Millions Visit CRC's Balance sheet
California Resources's Sales TTM $ 2,801 Millions Visit CRC's Income Statement
Where are CRC's Sales coming from? Visit CRC's Sales by Geography

Other Accounts Receivable Turnover Ratios
Oil And Gas Production Industry Accounts Receivable Turnover Trends and Statistics
Energy Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
CRC's Receivable Turnover Ratio versus Oil And Gas Production Industry, Energy Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for CRC's Competitors
Receivables Turnover Ratio for CRC's Suppliers
Accounts Receivables Turnover Ratio for CRC's Customers

You may also want to know
CRC's Growth Rates CRC's Roa CRC's Inventory Turnover Ratio CRC's Dividend Comparisons
CRC's Profitability Ratios CRC's Roi CRC's Asset Turnover Ratio CRC's Dividend Growth
CRC's Valuation Ratios CRC's Roe CRC's Financial Strength Ratios CRC's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Energy Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Cvr Energy inc  30.02 $ 9,247.000  Millions$ 308.000  Millions
Sunoco Lp  29.60 $ 23,068.000  Millions$ 779.250  Millions
Cnx Resources Corporation  28.71 $ 3,434.948  Millions$ 119.660  Millions
Equinor Asa  28.10 $ 107,174.000  Millions$ 3,814.000  Millions
Pbf Energy Inc   27.88 $ 38,324.800  Millions$ 1,374.650  Millions
Woodside Energy Group Ltd  27.23 $ 13,994.000  Millions$ 514.000  Millions
Hallador Energy Co  26.65 $ 634.480  Millions$ 23.804  Millions
Par Pacific Holdings Inc   20.91 $ 8,231.955  Millions$ 393.619  Millions
Ckx Lands Inc   17.90 $ 1.486  Millions$ 0.083  Millions
Delek Us Holdings Inc   17.80 $ 16,917.400  Millions$ 950.475  Millions
World Kinect Corporation  17.21 $ 47,710.600  Millions$ 2,772.050  Millions
Consol Energy Inc   16.33 $ 2,568.877  Millions$ 157.286  Millions
Adams Resources and Energy Inc   15.66 $ 2,745.293  Millions$ 175.274  Millions
Phillips 66  15.29 $ 147,399.000  Millions$ 9,643.250  Millions
Kosmos Energy ltd   15.20 $ 1,701.608  Millions$ 111.951  Millions
Gulfport Energy Corp  13.86 $ 1,791.702  Millions$ 129.240  Millions
Peabody Energy Corp  13.57 $ 4,946.700  Millions$ 364.575  Millions
Tellurian Inc   13.43 $ 166.128  Millions$ 12.373  Millions
Marathon Petroleum Corporation  13.34 $ 148,379.000  Millions$ 11,126.250  Millions
Valero Energy Corp  12.68 $ 144,766.000  Millions$ 11,416.750  Millions
Chesapeake Energy Corporation  12.40 $ 8,721.000  Millions$ 703.250  Millions
Martin Midstream Partners L p   12.27 $ 797.963  Millions$ 65.047  Millions
Pioneer Natural Resources Co  12.21 $ 19,362.000  Millions$ 1,586.250  Millions
Shell Plc  12.17 $ 316,620.000  Millions$ 26,019.000  Millions
California Resources Corp  11.26 $ 2,801.000  Millions$ 248.750  Millions
Callon Petroleum Co  11.10 $ 2,342.984  Millions$ 211.000  Millions
Highpeak Energy Inc   11.04 $ 1,111.293  Millions$ 100.631  Millions
Riley Exploration Permian Inc   10.90 $ 375.047  Millions$ 34.418  Millions
Imperial Oil Limited  10.88 $ 39,042.254  Millions$ 3,588.710  Millions
Conocophillips  10.73 $ 56,141.000  Millions$ 5,233.000  Millions

Date modified: 2024-02-29T16:07:00+00:00



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