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GuruFocus has detected 6 Warning Signs with Noble Corp PLC $NE.
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Noble Corp PLC (NYSE:NE)
Days Sales Outstanding
71.00 (As of Dec. 2016)

Noble Corp PLC's account receivable for the three months ended in Dec. 2016 was $319 Mil. Noble Corp PLC's revenue for the three months ended in Dec. 2016 was $410 Mil. Hence, Noble Corp PLC's days sales outstanding for the three months ended in Dec. 2016 was 71.00.

NE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.37   Max: 136.48
Current: 50.6

50.37
136.48

During the past 13 years, Noble Corp PLC's highest Days Sales Outstanding was 136.48. The lowest was 50.37. And the median was 66.60.

NE's Days Sales Outstanding is ranked higher than
69% of the 51 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 56.79 vs. NE: 50.60 )

Noble Corp PLC's days sales outstanding increased from Dec. 2015 (53.08) to Dec. 2016 (71.00).


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.

Noble Corp PLC'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
=319.152/2302.065*365
=50.60

Noble Corp PLC's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=319.152/410.156*365 / 4
=71.00

* 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.

Noble Corp PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 74.7168.2964.9150.3779.50123.34136.4864.2654.3250.60

Noble Corp PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 67.1864.5367.4762.1453.9853.0875.4536.0775.7171.00
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