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Holly Energy Partners LP (Holly Energy Partners LP) Days Sales Outstanding : 53.28 (As of Sep. 2023)


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What is Holly Energy Partners LP Days Sales Outstanding?

Holly Energy Partners LP's average Accounts Receivable for the three months ended in Sep. 2023 was $92.5 Mil. Holly Energy Partners LP's Revenue for the three months ended in Sep. 2023 was $158.4 Mil. Hence, Holly Energy Partners LP's Days Sales Outstanding for the three months ended in Sep. 2023 was 53.28.

The historical rank and industry rank for Holly Energy Partners LP's Days Sales Outstanding or its related term are showing as below:

HEP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.09   Med: 44.22   Max: 54.89
Current: 54.89

During the past 13 years, Holly Energy Partners LP's highest Days Sales Outstanding was 54.89. The lowest was 41.09. And the median was 44.22.

HEP's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.81 vs HEP: 54.89

Holly Energy Partners LP's Days Sales Outstanding increased from Sep. 2022 (49.05) to Sep. 2023 (53.28).


Holly Energy Partners LP Days Sales Outstanding Historical Data

The historical data trend for Holly Energy Partners LP'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.

Holly Energy Partners LP Days Sales Outstanding Chart

Holly Energy Partners LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.50 43.70 48.01 48.50 49.57

Holly Energy Partners LP Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 49.05 53.60 53.02 55.85 53.28

Competitive Comparison of Holly Energy Partners LP's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Holly Energy Partners LP'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.


Holly Energy Partners LP's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Holly Energy Partners LP's Days Sales Outstanding falls into.



Holly Energy Partners LP 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.

Holly Energy Partners LP's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (68.899 + 79.803) / 2 ) / 547.48*365
=74.351 / 547.48*365
=49.57

Holly Energy Partners LP's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (84.344 + 100.597) / 2 ) / 158.36*365 / 4
=92.4705 / 158.36*365 / 4
=53.28

* 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.


Holly Energy Partners LP  (NYSE:HEP) Days Sales Outstanding Explanation

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


Holly Energy Partners LP Days Sales Outstanding Related Terms

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Holly Energy Partners LP (Holly Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
2828 N. Harwood, Suite 1300, Dallas, TX, USA, 75201-1507
Holly Energy Partners LP operates a network of refined products and crude oil pipelines, with attendant terminal assets, in several western and southwestern states. The company has two reportable segments namely Pipelines and Terminals and Refinery Processing Unit. It generates maximum revenue from the Pipelines and Terminals segment.
Executives
Robert I Jamieson officer: SVP and COO 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Mark A Petersen director 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Hf Sinclair Corp 10 percent owner, other: See remarks 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Sinclair Companies 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
Carol Holding 10 percent owner 550 EAST SOUTH TEMPLE, SALT LAKE CITY UT 84102
James H Lee director 10000 MEMORIAL DRIVE STE 600, HOUSTON TX 77024-3411
Larry R Baldwin director 2828 N. HARWOOD STREET, SUITE 1300, DALLAS TX 75201
Michael Jennings director 10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Kenneth Norwood officer: VP and Controller 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201
Harrison John Wayne Jr officer: SVP, CFO and Treasurer 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Vaishali S. Bhatia officer: SVP, General Counsel & Sec 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Eric L Mattson director C/O REX ENERGY CORP, 366 WALKER DRIVE, STATE COLLEGE PA 16801
Christine B Lafollette director 2828 N. HARWOOD, SUITE 1300, DALLAS X1 75201
Richard Kevin Hardage director 2626 COLE AVE SUITE 705, DALLAS TX 75209
Holly Refining & Marketing Co - Woods Cross Llc other: See Footnotes 2828 N. HARWOOD, SUITE 1300, DALLAS TX 75201