Montage Resources (Montage Resources) Days Sales Outstanding : 39.99 (As of Sep. 2020)

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What is Montage Resources Days Sales Outstanding?

Montage Resources's average Accounts Receivable for the three months ended in Sep. 2020 was $50.6 Mil. Montage Resources's Revenue for the three months ended in Sep. 2020 was $115.4 Mil. Hence, Montage Resources's Days Sales Outstanding for the three months ended in Sep. 2020 was 39.99.

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

MR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.58 Med: 47.17 Max: 146.99
Current: 37.69

During the past 8 years, Montage Resources's highest Days Sales Outstanding was 146.99. The lowest was 28.58. And the median was 47.17.

MR's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.81 vs MR: 37.69

Montage Resources's Days Sales Outstanding increased from Sep. 2019 (35.55) to Sep. 2020 (39.99).

Montage Resources Days Sales Outstanding Historical Data

The historical data trend for Montage Resources'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.

Montage Resources Days Sales Outstanding Chart

Montage Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Sales Outstanding

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30.47

47.56

44.86

52.08

45.40

Montage Resources Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Sales Outstanding	Get a 7-Day Free Trial															35.55	31.70	36.28	45.32	39.99

Competitive Comparison of Montage Resources's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Montage Resources'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.

Montage Resources's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Montage Resources's Days Sales Outstanding falls into.

Montage Resources 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.

Montage Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

	Days Sales Outstanding (A: Dec. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )	/	Revenue (A: Dec. 2019 )	*	Days in Period
=	( (94.107	+	63.73)	/	2 )	/	634.441	*	365
=	78.9185					/	634.441	*	365
=	45.40

Montage Resources's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

	Days Sales Outstanding (Q: Sep. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2020 )	+	Accounts Receivable (A: Sep. 2020 ))	/	count )	/	Revenue (A: Sep. 2020 )	*	Days in Period
=	( (47.696	+	53.466)	/	2 )	/	115.405	*	365 / 4
=	50.581					/	115.405	*	365 / 4
=	39.99

Montage Resources (NYSE:MR) Days Sales Outstanding Explanation

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

Montage Resources Days Sales Outstanding Related Terms

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Montage Resources (Montage Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Montage Resources Corp (NYSE:MR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

122 West John Carpenter Freeway, Suite 300, Irving, TX, USA, 75039

Website

http://www.montageresources.com

Montage Resources Corp is an exploration and production company with approximately 227,000 net effective undeveloped acres currently focused on the Utica and Marcellus Shales of southeast Ohio, West Virginia and North Central Pennsylvania. The company's only segments are oil and natural gas exploration and production.

Executives

Burroughs Mark E Jr	director	1100 LOUISIANA STREET SUITE 4900 HOUSTON TX 77002
D Martin Phillips	director	1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Richard D Paterson	director	5 GREEWAY PLAZA SUITE 100, HOUSTON TX 77046
Randall M Albert	director	5 PENN CENTER WEST, SUITE 401, PITTSBURGH PA 15276
Swanson Douglas E Jr	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Timothy J. Loos	officer: SVP Accounting and Finance	122 WEST JOHN CARPENTER FREEWAY SUITE 300 IRVING TX 75039
Matthew Rucker	officer: EVP & Chief Operating Officer	713 MARKET DR, OKLAHOMA CITY OK 73114
Michael L Hodges	officer: EVP & Chief Financial Officer	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Paul M Johnston	officer: EVP & General Counsel	777 POST OAK BLVD #650 HOUSTON TX 77056
John K. Reinhart	director, officer: President and CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Oleg E Tolmachev	other: Former EVP & COO	2121 OLD GATESBURG ROAD SUITE 110 STATE COLLEGE PA 16803
Michael Jennings	director	10000 MEMORIAL DRIVE, SUITE 600, HOUSTON TX 77024
Robert L Zorich	director	1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
Eugene I Davis	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Todd Bart	officer: VP & Chief Accounting Officer	2121 OLD GATESBURG ROAD, SUITE 110, STATE COLLEGE PA 16801