CKX Lands's average Accounts Receivable for the
three
months ended in Dec. 2023 was $0.09 Mil. CKX Lands's Revenue for the
three
months ended in Dec. 2023 was $0.69 Mil.
Hence, CKX Lands's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 11.37.
The historical rank and industry rank for CKX Lands's Days Sales Outstanding or its related term are showing as below:
CKX'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.51 Med: 32.26 Max: 54.86
Current: 22.51
During the past 13 years, CKX Lands's highest Days Sales Outstanding was 54.86. The lowest was 22.51. And the median was 32.26.
CKX's Days Sales Outstanding is ranked better than 83.4% of 934
companies
in the Oil & Gas industry
Industry Median: 48.845
vs CKX: 22.51
CKX Lands's Days Sales Outstanding
declined
from Dec. 2022 (35.95) to Dec. 2023 (11.37).
CKX Lands Days Sales Outstanding Historical Data
The historical data trend for CKX Lands'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.
For the Oil & Gas E&P subindustry, CKX Lands'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.
CKX Lands Days Sales Outstanding Distribution
For the Oil & Gas industry and Energy sector, CKX Lands's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where CKX Lands's Days Sales Outstanding falls into.
CKX Lands 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.
* 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.
CKX Lands (AMEX:CKX) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
CKX Lands Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of CKX Lands's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
CKX Lands Inc is a Louisiana corporation organized to receive non-producing mineral royalties spun off by a southwest Louisiana bank. It operates in three segments: Oil and Gas, Surface, and Timber. The company owns land and mineral interests and collects income through its ownership in the form of oil and gas royalties, surface leases for farming, the right of way and other uses, and timber sales. The company's oil and gas royalties are paid by the operators who own the wells and timber income is paid by the highest bidder for the timber.
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