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Contango Oil & Gas Co's account receivable for the three months ended in Jun. 2015 was $11.6 Mil. Contango Oil & Gas Co's revenue for the three months ended in Jun. 2015 was $35.3 Mil. Hence, Contango Oil & Gas Co's days sales outstanding for the three months ended in Jun. 2015 was 29.86.
Contango Oil & Gas Co's days sales outstanding declined from Jun. 2014 (43.21) to Jun. 2015 (29.86).
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.
Contango Oil & Gas Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as
Contango Oil & Gas Co's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Contango Oil & Gas Co Annual Data
Contango Oil & Gas Co Quarterly Data