Houston American Energy (Houston American Energy) Days Sales Outstanding

: 78.14 (As of Dec. 2023)

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Houston American Energy's average Accounts Receivable for the three months ended in Dec. 2023 was $0.21 Mil. Houston American Energy's Revenue for the three months ended in Dec. 2023 was $0.25 Mil. Hence, Houston American Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.14.

The historical rank and industry rank for Houston American Energy's Days Sales Outstanding or its related term are showing as below:

HUSA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.48 Med: 42.67 Max: 201.62
Current: 89.27

During the past 13 years, Houston American Energy's highest Days Sales Outstanding was 201.62. The lowest was 37.48. And the median was 42.67.

HUSA's Days Sales Outstanding is ranked worse than
80.49% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs HUSA: 89.27

Houston American Energy's Days Sales Outstanding increased from Dec. 2022 (53.91) to Dec. 2023 (78.14).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Houston American Energy Days Sales Outstanding Historical Data

The historical data trend for Houston American Energy's Days Sales Outstanding 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.

Houston American Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

39.50

58.19

42.67

42.31

54.47

Houston American Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																53.91	53.36	85.66	254.37	78.14

Competitive Comparison

For the Oil & Gas E&P subindustry, Houston American Energy's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Houston American Energy Days Sales Outstanding Distribution

For the Oil & Gas industry and Energy sector, Houston American Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Houston American Energy's Days Sales Outstanding falls into.

Houston American Energy Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Houston American Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.165	+	0.072)	/	2 )	/	0.794	*	365
=	0.1185					/	0.794	*	365
=	54.47

Houston American Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.351	+	0.072)	/	2 )	/	0.247	*	365 / 4
=	0.2115					/	0.247	*	365 / 4
=	78.14

Houston American Energy (AMEX:HUSA) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Houston American Energy Days Sales Outstanding Related Terms

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Houston American Energy (Houston American Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Houston American Energy Corp (AMEX:HUSA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8H6H:Germany

Address

801 Travis Street, Suite 1425, Houston, TX, USA, 77002

Website

https://www.houstonamerican.com

Houston American Energy Corp is an independent oil and gas company focused on the development, exploration, exploitation, acquisition, and production of natural gas and crude oil properties. Its properties, and operations, are in the U.S. Permian Basin, the U.S. Gulf Coast region, particularly Texas and Louisiana, and in the South American country of Colombia. The company's an exploration and development projects are focused on existing property interests, and future acquisition of additional property interests, in the Texas Permian Basin, the onshore Texas and Louisiana Gulf Coast region, and in the South American country of Colombia. The Company majorly has operations in two geographical areas, the United States and Colombia.

Executives

James A Schoonover	director	1770 COUNTY ROAD H2, WHITE BEAR TOWNSHIP MN 55110
John F Terwilliger	director, 10 percent owner, officer: President and CEO
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Dyke Torbjorn Van	officer: VP - Business Development	801 TRAVIS STREET, SUITE 1425, HOUSTON TX 77002
R. Keith Grimes	director	13307 GOLDEN VALLEY DR., CYPRESS TX 77429
John P Boylan	director	450 WESTHEIMER DR., HOUSTON TX 77024
Stephen Hartzell	director	1001 MCKINNEY, SUITE 805, HOUSTON TX 77002
Roy W Jageman	director	777 MAIN STREET, C/O ENCORE ACQUISITION CO, FORT WORTH TX 76102
James J Jacobs	officer: Chief Financial Officer	801 TRAVIS, SUITE 2020, HOUSTON TX 77002
Kenneth Jeffers	officer: Senior VP of Exploration	801 TRAVIS STREET, SUITE 1425, HOUSTON TX 77002
Nokomis Capital, L.l.c.	10 percent owner	1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Brett Hendrickson	10 percent owner	300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Orrie Lee Tawes	director, 10 percent owner	CIBC OPPENHEIMER WORLD FINANCIAL CENTER, NEW YORK NY 110281
Richard J Howe	director	73 SADDLEBROOK LN, HOUSTON TX 77024
J Alex Loftus	director	801 TRAVIS, SUITE 1425, HOUSTON TX 77002