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NGL Energy Partners LP (NYSE:NGL)
Days Sales Outstanding
17.74 (As of Sep. 2016)

NGL Energy Partners LP's account receivable for the three months ended in Sep. 2016 was $592 Mil. NGL Energy Partners LP's revenue for the three months ended in Sep. 2016 was $3,046 Mil. Hence, NGL Energy Partners LP's days sales outstanding for the three months ended in Sep. 2016 was 17.74.

NGL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.26   Max: 48.39
Current: 20.05

13.26
48.39

During the past 8 years, NGL Energy Partners LP's highest Days Sales Outstanding was 48.39. The lowest was 13.26. And the median was 22.28.

NGL's Days Sales Outstanding is ranked higher than
54% of the 121 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 21.72 vs. NGL: 20.05 )

NGL Energy Partners LP's days sales outstanding declined from Sep. 2015 (20.35) to Sep. 2016 (17.74).


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.

NGL Energy Partners LP's Days Sales Outstanding for the fiscal year that ended in Mar. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=521.014/11742.11*365
=16.20

NGL Energy Partners LP's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=592.074/3045.538*365 / 4
=17.74

* 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.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysSalesOutstanding 0.000.0013.2616.760.0023.4048.3933.0422.2816.20

NGL Energy Partners LP Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 22.5824.3033.3629.0623.3420.3519.7720.4420.3817.74
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