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GuruFocus has detected 4 Warning Signs with Nabors Industries Ltd $NBR.
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Nabors Industries Ltd (NYSE:NBR)
Days Sales Outstanding
86.03 (As of Dec. 2016)

Nabors Industries Ltd's account receivable for the three months ended in Dec. 2016 was USD 508 Mil. Nabors Industries Ltd's revenue for the three months ended in Dec. 2016 was USD 539 Mil. Hence, Nabors Industries Ltd's days sales outstanding for the three months ended in Dec. 2016 was 86.03.

NBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.37   Max: 97.61
Current: 87.76

74.37
97.61

During the past 13 years, Nabors Industries Ltd's highest Days Sales Outstanding was 97.61. The lowest was 74.37. And the median was 80.61.

NBR's Days Sales Outstanding is ranked lower than
73% of the 52 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 58.32 vs. NBR: 87.76 )

Nabors Industries Ltd's days sales outstanding declined from Dec. 2015 (103.22) to Dec. 2016 (86.03).


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.

Nabors Industries Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=508.355/2007.108*365
=92.45

Nabors Industries Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=508.355/539.212*365 / 4
=86.03

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Nabors Industries Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 76.7879.8874.3797.6194.0476.2681.7581.3475.5492.45

Nabors Industries Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 77.5862.3496.0397.87103.22125.9488.9688.4386.0383.34
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