Switch to:
Devon Energy Corp (NYSE:DVN)
Days Sales Outstanding
20.82 (As of Sep. 2016)

Devon Energy Corp's account receivable for the three months ended in Sep. 2016 was $966 Mil. Devon Energy Corp's revenue for the three months ended in Sep. 2016 was $4,233 Mil. Hence, Devon Energy Corp's days sales outstanding for the three months ended in Sep. 2016 was 20.82.

DVN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.49   Max: 57.15
Current: 30.05

24.49
57.15

During the past 13 years, Devon Energy Corp's highest Days Sales Outstanding was 57.15. The lowest was 24.49. And the median was 44.06.

DVN's Days Sales Outstanding is ranked higher than
77% of the 396 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 47.98 vs. DVN: 30.05 )

Devon Energy Corp's days sales outstanding declined from Sep. 2015 (27.87) to Sep. 2016 (20.82).


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.

Devon Energy Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=882/13145*365
=24.49

Devon Energy Corp's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=966/4233*365 / 4
=20.82

* 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.

Devon Energy Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 49.4857.1534.2455.0144.1443.9847.8335.9126.6624.49

Devon Energy Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 36.3226.9021.7532.8734.8327.8727.8935.5036.3820.82
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