Switch to:
GuruFocus has detected 5 Warning Signs with Denbury Resources Inc $DNR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Denbury Resources Inc (NYSE:DNR)
Days Sales Outstanding
48.72 (As of Dec. 2016)

Denbury Resources Inc's account receivable for the three months ended in Dec. 2016 was $145.0 Mil. Denbury Resources Inc's revenue for the three months ended in Dec. 2016 was $271.6 Mil. Hence, Denbury Resources Inc's days sales outstanding for the three months ended in Dec. 2016 was 48.72.

DNR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.05   Max: 77.4
Current: 54.26

34.05
77.4

During the past 13 years, Denbury Resources Inc's highest Days Sales Outstanding was 77.40. The lowest was 34.05. And the median was 50.03.

DNR's Days Sales Outstanding is ranked higher than
53% of the 388 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 56.15 vs. DNR: 54.26 )

Denbury Resources Inc's days sales outstanding increased from Dec. 2015 (47.57) to Dec. 2016 (48.72).


Definition

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.

Account receivable can be measured by Days Sales Outstanding.

Denbury Resources Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=145.02/975.596*365
=54.26

Denbury Resources Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=145.02/271.619*365 / 4
=48.72

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Denbury Resources Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 61.9939.6677.4064.1472.5737.6145.7934.0540.8054.26

Denbury Resources Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 49.6442.8643.9350.2047.8747.5744.9343.0945.9048.72
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK