Helix Energy Solutions Group (Helix Energy Solutions Group) Days Sales Outstanding : 80.11 (As of Dec. 2023)

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What is Helix Energy Solutions Group Days Sales Outstanding?

Helix Energy Solutions Group's average Accounts Receivable for the three months ended in Dec. 2023 was $294 Mil. Helix Energy Solutions Group's Revenue for the three months ended in Dec. 2023 was $335 Mil. Hence, Helix Energy Solutions Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.11.

The historical rank and industry rank for Helix Energy Solutions Group's Days Sales Outstanding or its related term are showing as below:

HLX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.13 Med: 65.39 Max: 74.75
Current: 69.86

During the past 13 years, Helix Energy Solutions Group's highest Days Sales Outstanding was 74.75. The lowest was 43.13. And the median was 65.39.

HLX's Days Sales Outstanding is ranked worse than
70.16% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs HLX: 69.86

Helix Energy Solutions Group's Days Sales Outstanding increased from Dec. 2022 (69.88) to Dec. 2023 (80.11).

Helix Energy Solutions Group Days Sales Outstanding Historical Data

The historical data trend for Helix Energy Solutions Group'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.

Helix Energy Solutions Group Days Sales Outstanding Chart

Helix Energy Solutions Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.94

64.11

74.75

74.60

69.79

Helix Energy Solutions Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															78.40	69.45	64.71	80.11	77.06

Competitive Comparison of Helix Energy Solutions Group's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group'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.

Helix Energy Solutions Group's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Helix Energy Solutions Group's Days Sales Outstanding falls into.

Helix Energy Solutions Group 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.

Helix Energy Solutions Group'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
=	( (212.779	+	280.427)	/	2 )	/	1289.728	*	365
=	246.603					/	1289.728	*	365
=	69.79

Helix Energy Solutions Group'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
=	( (308.023	+	280.427)	/	2 )	/	335.157	*	365 / 4
=	294.225					/	335.157	*	365 / 4
=	80.11

Helix Energy Solutions Group (NYSE:HLX) Days Sales Outstanding Explanation

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

Helix Energy Solutions Group Days Sales Outstanding Related Terms

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Helix Energy Solutions Group (Helix Energy Solutions Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Helix Energy Solutions Group Inc (NYSE:HLX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CTV:Germany CTV:Germany

Address

3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043

Website

https://www.helixesg.com

Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services primarily in deepwater in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments Well Intervention, Robotics Production Facilities and Shallow Water Abandonment. the Well Intervention segment includes vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the US.

Executives

Diana Glassman	director	3505 W SAM HOUSTON PKWY N, SUITE 400, HOUSTON TX 77043
Scott Andrew Sparks	officer: EVP - Operations	3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043
John Lovoi	director	3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Paula Harris	director	3055 TORRINGTON DRIVE, BALL GROUND GA 30107
Brent Alexander Arriaga	officer: CAO and Corporate Controller	12330 BROKEN BOUGH DR, HOUSTON TX 77024
Thomas Mitchell Little	director	C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Owen E Kratz	director, officer: CHAIRMAN & CEO	3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Erik Staffeldt	officer: VP - Finance and Accounting	3505 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON TX 77043
Nancy K Quinn	director	P O BOX 650205, DALLAS TX 75265
Amy H Nelson	director	2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Kenneth English Neikirk	officer: SVP, Gen Counsel & Secretary	3505 W. SAM HOUSTON PARKWAY N., SUITE 400, HOUSTON TX 77043
William L Transier	director	3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Alisa B Johnson	officer: SVP, GEN COUNSEL & CORP SEC	3505 SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Amerino Gatti	director	13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Geoffrey C. Wagner	officer: EVP and CCO	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084