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Golar LNG Ltd (NAS:GLNG)
Days Sales Outstanding
17.75 (As of Dec. 2015)

Golar LNG Ltd's account receivable for the three months ended in Dec. 2015 was $4.5 Mil. Golar LNG Ltd's revenue for the three months ended in Dec. 2015 was $23.0 Mil. Hence, Golar LNG Ltd's days sales outstanding for the three months ended in Dec. 2015 was 17.75.

GLNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.3   Max: 44.89
Current: 15.9

0.3
44.89

During the past 13 years, Golar LNG Ltd's highest Days Sales Outstanding was 44.89. The lowest was 0.30. And the median was 10.86.

GLNG's Days Sales Outstanding is ranked higher than
83% of the 617 Companies
in the Global Shipping & Ports industry.

( Industry Median: 41.03 vs. GLNG: 15.90 )

Golar LNG Ltd's days sales outstanding declined from Dec. 2014 (77.53) to Dec. 2015 (17.75).


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.

Golar LNG Ltd'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
=4.474/102.674*365
=15.90

Golar LNG Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4.474/22.994*365 / 4
=17.75

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Golar LNG Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 6.3644.8918.119.9111.803.210.340.3015.1915.90

Golar LNG Ltd Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysSalesOutstanding 175.980.37145.045.75101.4377.53327.5936.3727.4317.75
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