CVR Energy (CVR Energy) Days Sales Outstanding

: 12.47 (As of Dec. 2023)

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CVR Energy's average Accounts Receivable for the three months ended in Dec. 2023 was $301 Mil. CVR Energy's Revenue for the three months ended in Dec. 2023 was $2,202 Mil. Hence, CVR Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.47.

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

CVI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.58 Med: 10.08 Max: 16.72
Current: 12.55

During the past 13 years, CVR Energy's highest Days Sales Outstanding was 16.72. The lowest was 7.58. And the median was 10.08.

CVI's Days Sales Outstanding is ranked better than
90.78% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs CVI: 12.55

CVR Energy's Days Sales Outstanding increased from Dec. 2022 (11.54) to Dec. 2023 (12.47).

CVR Energy Days Sales Outstanding Historical Data

The historical data trend for CVR 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.

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

10.07

16.72

12.02

11.00

12.71

CVR 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																11.54	13.73	12.85	11.14	12.47

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, CVR 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.

CVR Energy Days Sales Outstanding Distribution

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

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

CVR 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.

CVR 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
=	( (358	+	286)	/	2 )	/	9247	*	365
=	322					/	9247	*	365
=	12.71

CVR 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
=	( (316	+	286)	/	2 )	/	2202	*	365 / 4
=	301					/	2202	*	365 / 4
=	12.47

CVR Energy (NYSE:CVI) Days Sales Outstanding Explanation

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

CVR Energy Days Sales Outstanding Related Terms

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CVR Energy (CVR Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (NYSE:CVI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FL9:Germany FL9:Germany

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

Executives

Carl C Icahn	director, 10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iep Energy Holding Llc	10 percent owner	16690 COLLINS AVENUE, PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Wright Michael H. Jr.	officer: EVP & Chief Operating Officer	CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann	officer: Interim CFO, VP-Fin.&Treasurer	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway	officer: VP, CAO & Corp. Controller	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts	director	16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Charles Douglas Johnson	officer: EVP & Chief Commercial Officer	2277 PLAZA DR., SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone	director	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Lynn Landreth	officer: EVP Chief Commercial Officer	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Patricia A. Agnello	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melissa M Buhrig	officer: EVP, General Counsel & Sec.	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley	officer: CAO and Corp. Controller	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479