Nabors Industries (Nabors Industries) Days Sales Outstanding : 42.29 (As of Dec. 2023)

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What is Nabors Industries Days Sales Outstanding?

Nabors Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $336 Mil. Nabors Industries's Revenue for the three months ended in Dec. 2023 was $726 Mil. Hence, Nabors Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.29.

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

NBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.97 Med: 75.38 Max: 108.72
Current: 38.97

During the past 13 years, Nabors Industries's highest Days Sales Outstanding was 108.72. The lowest was 38.97. And the median was 75.38.

NBR's Days Sales Outstanding is ranked better than
62.1% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs NBR: 38.97

Nabors Industries's Days Sales Outstanding increased from Dec. 2022 (37.83) to Dec. 2023 (42.29).

Nabors Industries Days Sales Outstanding Historical Data

The historical data trend for Nabors Industries'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.

Nabors Industries Days Sales Outstanding Chart

Nabors Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.52

69.78

58.85

42.29

41.00

Nabors Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															37.83	37.15	35.95	38.69	42.29

Competitive Comparison of Nabors Industries's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Nabors Industries'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.

Nabors Industries's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Nabors Industries's Days Sales Outstanding falls into.

Nabors Industries 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.

Nabors Industries'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
=	( (327.397	+	347.837)	/	2 )	/	3005.981	*	365
=	337.617					/	3005.981	*	365
=	41.00

Nabors Industries'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
=	( (324.97	+	347.837)	/	2 )	/	725.801	*	365 / 4
=	336.4035					/	725.801	*	365 / 4
=	42.29

Nabors Industries (NYSE:NBR) Days Sales Outstanding Explanation

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

Nabors Industries Days Sales Outstanding Related Terms

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Nabors Industries (Nabors Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nabors Industries Ltd (NYSE:NBR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NBI1:Germany

Address

4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08

Website

https://www.nabors.com

Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.

Executives

John P Kotts	director	C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Anthony G Petrello	director, officer: PRESIDENT AND COO	NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo	officer: Chief Financial Officer	P.O. BOX 60068, HOUSTON TX 77205-0068
Tanya S Beder	director	500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Anthony R Chase	director	10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
John Yearwood	director	HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Howard Wolf	director
Dag Skattum	director	C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
James R Crane	director	JAMES R CRANE, 3214 LODESTAR, HOUSTON TX 77032
Myron M Sheinfeld	director	NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Michael C Linn	director	650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
Mark D Andrews	officer: SECRETARY	C/O NABORS CORPORATE SERVICES INC, 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Hans Schmidt	director	NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
John V Lombardi	director	C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Robert Clark Wood	other: Principal Fin & Acctg Officer	C/O NABORS CORPORATE SERVICES INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067