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Noble Energy (Noble Energy) Days Sales Outstanding : 46.18 (As of Jun. 2020)


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What is Noble Energy Days Sales Outstanding?

Noble Energy's average Accounts Receivable for the three months ended in Jun. 2020 was $289 Mil. Noble Energy's Revenue for the three months ended in Jun. 2020 was $571 Mil. Hence, Noble Energy's Days Sales Outstanding for the three months ended in Jun. 2020 was 46.18.

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

NBL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.67   Med: 35.37   Max: 71.8
Current: 33.36

During the past 13 years, Noble Energy's highest Days Sales Outstanding was 71.80. The lowest was 30.67. And the median was 35.37.

NBL's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.81 vs NBL: 33.36

Noble Energy's Days Sales Outstanding increased from Jun. 2019 (30.47) to Jun. 2020 (46.18).


Noble Energy Days Sales Outstanding Historical Data

The historical data trend for Noble Energy'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.

Noble Energy Days Sales Outstanding Chart

Noble Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.48 36.65 36.79 30.67 34.09

Noble Energy Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 30.47 30.62 33.07 33.73 46.18

Competitive Comparison of Noble Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Noble Energy'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.


Noble Energy's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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



Noble Energy 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.

Noble Energy'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
=( (383 + 446) / 2 ) / 4438*365
=414.5 / 4438*365
=34.09

Noble Energy's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

Days Sales Outstanding (Q: Jun. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2020 ) + Accounts Receivable (A: Jun. 2020 )) / count ) / Revenue (A: Jun. 2020 )*Days in Period
=( (308 + 270) / 2 ) / 571*365 / 4
=289 / 571*365 / 4
=46.18

* 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.


Noble Energy  (NAS:NBL) Days Sales Outstanding Explanation

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


Noble Energy Days Sales Outstanding Related Terms

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Noble Energy (Noble Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1001 Noble Energy Way, Houston, TX, USA, 77070
Noble Energy is an independent oil and gas producer with key assets in the U.S., Israel, and West Africa. At the end of 2019, the company reported net proven reserves of 2.05 billion barrels of oil equivalent. Net production averaged 361 thousand barrels of oil equivalent per day in 2019, at a ratio of 57% oil and natural gas liquids and 43% natural gas.
Executives
Christine M Michel officer: SVP, HR & Administration 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Rachel G Clingman officer: SVP, General Counsel/Corp Sec 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Thomas Hodge Walker officer: Sr. VP U.S. Onshore 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
J. Keith Elliott officer: Sr. VP Offshore NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Dustin A. Hatley officer: VP, Chief Accounting Officer NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Scott D Urban director NOBLE ENERGY, INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
James E Craddock director 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Van Kleef William T director
David L Stover director, officer: CEO & Director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Jeffrey L Berenson director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Barbara J Duganier director 6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Robin H Fielder officer: SVP, Midstream 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Brent J Smolik officer: President & COO 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
John T. Lewis officer: Sr. VP Corporate Development NOBLE ENERGY INC. 1001 NOBLE ENERGY WAY HOUSTON TX 77070
Kenneth M. Fisher officer: Exec. VP & CFO C/O CHAMPIONX CORPORATION, 2445 TECHNOLOGY FOREST BLVD, BLD 4 FL12, THE WOODLANDS TX 77381