TechnipFMC's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1,231 Mil. TechnipFMC's Revenue for the
three
months ended in Dec. 2023 was $2,078 Mil.
Hence, TechnipFMC's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 54.07.
The historical rank and industry rank for TechnipFMC's Days Sales Outstanding or its related term are showing as below:
FTI'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.8 Med: 57.79 Max: 124.91
Current: 53.78
During the past 13 years, TechnipFMC's highest Days Sales Outstanding was 124.91. The lowest was 35.80. And the median was 57.79.
FTI's Days Sales Outstanding is ranked worse than 54.5% of 934
companies
in the Oil & Gas industry
Industry Median: 48.845
vs FTI: 53.78
TechnipFMC's Days Sales Outstanding
declined
from Dec. 2022 (54.27) to Dec. 2023 (54.07).
TechnipFMC Days Sales Outstanding Historical Data
The historical data trend for TechnipFMC'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.
Competitive Comparison of TechnipFMC's Days Sales Outstanding
For the Oil & Gas Equipment & Services subindustry, TechnipFMC'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.
TechnipFMC's Days Sales Outstanding Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TechnipFMC's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where TechnipFMC's Days Sales Outstanding falls into.
TechnipFMC 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.
TechnipFMC (NYSE:FTI) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
TechnipFMC Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of TechnipFMC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FTI has been successfully added to your 