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OVV (Ovintiv) Accounts Receivable : $1,240 Mil (As of Mar. 2025)


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What is Ovintiv Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ovintiv's accounts receivables for the quarter that ended in Mar. 2025 was $1,240 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ovintiv's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 47.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ovintiv's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-32.92.


Ovintiv Accounts Receivable Historical Data

The historical data trend for Ovintiv's Accounts Receivable 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.

* Premium members only.

Ovintiv Accounts Receivable Chart

Ovintiv Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 928.00 1,294.00 1,594.00 1,333.00 1,090.00

Ovintiv Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,270.00 1,208.00 1,290.00 1,090.00 1,240.00

Ovintiv Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Ovintiv Accounts Receivable 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 receivables are being managed.

Ovintiv's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1240/2377*91
=47.60

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Ovintiv's accounts receivable are only considered to be worth 75% of book value:

Ovintiv's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8+0.75 * 1240+0.5 * 0-9534
-0-0)/261.100
=-32.92

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Ovintiv Accounts Receivable Related Terms

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Ovintiv Business Description

Industry
Traded in Other Exchanges
Address
370 - 17th Street, Suite 1700, Denver, CO, USA, 80202
Ovintiv Inc is a North American oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs and natural gas. The company has two operating segments: USA Operations, and Canadian Operations. The USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. The Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada.
Executives
Howard John Mayson director C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Steven W Nance director 130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak officer: EVP, Midstream, Mrktg & Fndmtl SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Rachel Maureen Moore officer: EVP, Corporate Services C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meghan Nicole Eilers officer: EVP, GC & Corporate Secretary 4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Ralph Izzo director PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks director H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard director 370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita director 3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander officer: EVP, General Counsel & CorpSec 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle director 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Douglas James Suttles director, officer: Chief Executive Officer 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken officer: EVP, Corp Dev & Ext Relations C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brian Gordon Shaw director 40 UNIVERSITY AVENUE, SUITE 1300, TORONTO A6 M5P 2E9
Code Corey Douglas officer: EVP & CFO 500 CENTRE STREET SE, CALGARY A0 T2P 2S5