Switch to:
Contango Oil & Gas Co (AMEX:MCF)
Days Sales Outstanding
24.26 (As of Mar. 2016)

Contango Oil & Gas Co's account receivable for the three months ended in Mar. 2016 was $4.7 Mil. Contango Oil & Gas Co's revenue for the three months ended in Mar. 2016 was $17.6 Mil. Hence, Contango Oil & Gas Co's days sales outstanding for the three months ended in Mar. 2016 was 24.26.

MCF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.61   Max: 410.29
Current: 16.49

17.61
410.29

During the past 13 years, Contango Oil & Gas Co's highest Days Sales Outstanding was 410.29. The lowest was 17.61. And the median was 105.46.

MCF's Days Sales Outstanding is ranked higher than
86% of the 398 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 40.06 vs. MCF: 16.49 )

Contango Oil & Gas Co's days sales outstanding declined from Mar. 2015 (29.86) to Mar. 2016 (24.26).


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.

Contango Oil & Gas Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=13.336/276.458*365
=17.61

Contango Oil & Gas Co's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4.674/17.582*365 / 4
=24.26

* 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.

Contango Oil & Gas Co Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Dec14Dec15
DaysSalesOutstanding 191.23410.29226.6662.81121.9890.9660.4575.5017.6121.39

Contango Oil & Gas Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 0.0030.8443.2132.8224.2329.8629.8630.2929.0024.26
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK