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Dril-Quip (Dril-Quip) Days Sales Outstanding : 97.11 (As of Dec. 2023)


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What is Dril-Quip Days Sales Outstanding?

Dril-Quip's average Accounts Receivable for the three months ended in Dec. 2023 was $134.5 Mil. Dril-Quip's Revenue for the three months ended in Dec. 2023 was $126.3 Mil. Hence, Dril-Quip's Days Sales Outstanding for the three months ended in Dec. 2023 was 97.11.

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

DRQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 96.74   Med: 125.5   Max: 180.66
Current: 108.02

During the past 13 years, Dril-Quip's highest Days Sales Outstanding was 180.66. The lowest was 96.74. And the median was 125.50.

DRQ's Days Sales Outstanding is ranked worse than
85.03% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs DRQ: 108.02

Dril-Quip's Days Sales Outstanding increased from Dec. 2022 (81.43) to Dec. 2023 (97.11).


Dril-Quip Days Sales Outstanding Historical Data

The historical data trend for Dril-Quip'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.

Dril-Quip Days Sales Outstanding Chart

Dril-Quip Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.56 111.92 122.93 96.74 97.45

Dril-Quip 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 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 81.43 112.01 136.31 104.62 97.11

Competitive Comparison of Dril-Quip's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Dril-Quip'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.


Dril-Quip's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Dril-Quip's Days Sales Outstanding falls into.



Dril-Quip 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.

Dril-Quip'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
=( (90.861 + 135.569) / 2 ) / 424.06*365
=113.215 / 424.06*365
=97.45

Dril-Quip'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
=( (133.337 + 135.569) / 2 ) / 126.344*365 / 4
=134.453 / 126.344*365 / 4
=97.11

* 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.


Dril-Quip  (NYSE:DRQ) Days Sales Outstanding Explanation

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


Dril-Quip Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Dril-Quip's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Dril-Quip (Dril-Quip) Business Description

Industry
Traded in Other Exchanges
Address
2050 West Sam Houston Parkway S., Suite 1100, Houston, TX, USA, 77042
Dril-Quip Inc. designs, manufactures, sells and services engineered drilling and production equipment for both offshore and onshore applications. The Company's revenues are generated from three sources, Product revenues are derived from the sale of drilling and production equipment. Service revenues are earned when the Company provides technical advisory assistance and rework and reconditioning services. Leasing revenues are derived from rental tools used during the installation and retrieval of the Company's products. The Company's operations are organized into three geographic segments, Western Hemisphere (including North and South America), Eastern Hemisphere (including Europe and Africa) and Asia-Pacific (including the Pacific Rim, Southeast Asia, Australia, India and the Middle East).
Executives
Terence Bartlett Jupp director 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
James C. Webster officer: VP - Gen Counsel & Secretary 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jeffrey J. Bird officer: Vice President and CFO 10260 WESTHEIMER RD., HOUSTON TX 77042
Kyle Mcclure officer: Vice President and CFO 10260 WESTHEIMER RD, SUITE 700, HOUSTON TX 77042
Donald M Underwood officer: VP - Subsea Products 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
Carri A. Lockhart director 6401 NORTH ELDRIDGE PKWY, HOUSTON TX 77041
A P Shukis director C/O CORPORATE STRATEGIES INC, 1170 ST JAMES PLACE SUITE 115, HOUSTON TX 77056
Blake T. Deberry director, officer: President and CEO 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Raj Kumar officer: VP-Finance & Chief Acct. Off. 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Darryl Keith Willis director 2001 KIRBY DRIVE, SUITE 200, HOUSTON TX 77019
John Lovoi director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Amy B Schwetz director 701 MARKET STREET, ST. LOUIS MO 63101
James A. Gariepy officer: SR V.P. and COO 13550 HEMPSTEAD HIGHWAY, HOUSTON TX 77040
Jerry M Brooks officer: Chief Financial Officer
Robertson L H Dick director 39 LAKESIDE DRIVE, STAR HARBOR, MALAKOFF TX 75148

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