Golar LNG (Golar LNG) Days Sales Outstanding

: 42.23 (As of Dec. 2023)

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Golar LNG's average Accounts Receivable for the three months ended in Dec. 2023 was $36.9 Mil. Golar LNG's Revenue for the three months ended in Dec. 2023 was $79.7 Mil. Hence, Golar LNG's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.23.

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

GLNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.74 Med: 35.31 Max: 49.2
Current: 46.29

During the past 13 years, Golar LNG's highest Days Sales Outstanding was 49.20. The lowest was 7.74. And the median was 35.31.

GLNG's Days Sales Outstanding is ranked better than
52.2% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs GLNG: 46.29

Golar LNG's Days Sales Outstanding declined from Dec. 2022 (71.60) to Dec. 2023 (42.23).

Golar LNG Days Sales Outstanding Historical Data

The historical data trend for Golar LNG'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.

Golar LNG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

36.76

38.48

41.06

48.03

49.20

Golar LNG 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																71.60	48.05	43.52	49.14	42.23

Competitive Comparison

For the Oil & Gas Midstream subindustry, Golar LNG'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.

Golar LNG Days Sales Outstanding Distribution

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

* The bar in red indicates where Golar LNG's Days Sales Outstanding falls into.

Golar LNG 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.

Golar LNG'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
=	( (41.545	+	38.915)	/	2 )	/	298.429	*	365
=	40.23					/	298.429	*	365
=	49.20

Golar LNG'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
=	( (34.832	+	38.915)	/	2 )	/	79.679	*	365 / 4
=	36.8735					/	79.679	*	365 / 4
=	42.23

Golar LNG (NAS:GLNG) Days Sales Outstanding Explanation

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

Golar LNG Days Sales Outstanding Related Terms

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Golar LNG (Golar LNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Ltd (NAS:GLNG) » Definitions » Days Sales Outstanding

Comparable Companies

INSW KNTK HESM NS TNK DHT VNOM LPG GLP PAGP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

GLNG:Mexico G2O:Germany G20:Germany G2O:Germany

Address

9 Par-la-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlng.com

Golar LNG Ltd is a midstream LNG company operates in the transportation, regasification, liquefaction, and trading of LNG. The segment in which the group operates includes Shipping, FLNG (Floating Liquefaction Natural Gas vessels), Power, and Corporate and other. It generates maximum revenue from the FLNG segment.