Goodrich Petroleum (Goodrich Petroleum) Days Sales Outstanding : 2.49 (As of Sep. 2021)

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What is Goodrich Petroleum Days Sales Outstanding?

Goodrich Petroleum's average Accounts Receivable for the three months ended in Sep. 2021 was $1.6 Mil. Goodrich Petroleum's Revenue for the three months ended in Sep. 2021 was $58.7 Mil. Hence, Goodrich Petroleum's Days Sales Outstanding for the three months ended in Sep. 2021 was 2.49.

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

GDP's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.845
* Ranked among companies with meaningful Days Sales Outstanding only.

Goodrich Petroleum's Days Sales Outstanding declined from Sep. 2020 (7.92) to Sep. 2021 (2.49).

Goodrich Petroleum Days Sales Outstanding Historical Data

The historical data trend for Goodrich Petroleum'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.

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Goodrich Petroleum Days Sales Outstanding Chart

Goodrich Petroleum Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

Get a 7-Day Free Trial

22.48

13.32

4.39

2.89

3.99

Goodrich Petroleum Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Sales Outstanding	Get a 7-Day Free Trial															7.92	4.78	3.44	3.53	2.49

Competitive Comparison of Goodrich Petroleum's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Goodrich Petroleum'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.

Goodrich Petroleum's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Goodrich Petroleum's Days Sales Outstanding falls into.

Goodrich Petroleum 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.

Goodrich Petroleum's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (1.131	+	0.92)	/	2 )	/	93.826	*	365
=	1.0255					/	93.826	*	365
=	3.99

Goodrich Petroleum's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding (Q: Sep. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Sep. 2021 ))	/	count )	/	Revenue (A: Sep. 2021 )	*	Days in Period
=	( (1.469	+	1.738)	/	2 )	/	58.733	*	365 / 4
=	1.6035					/	58.733	*	365 / 4
=	2.49

Goodrich Petroleum (AMEX:GDP) Days Sales Outstanding Explanation

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

Goodrich Petroleum Days Sales Outstanding Related Terms

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Goodrich Petroleum (Goodrich Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Goodrich Petroleum Corp (AMEX:GDP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

801 Louisiana Street, Suite 700, Houston, TX, USA, 77002

Website

http://www.goodrichpetroleum.com

Goodrich Petroleum Corp is an independent oil and gas producer in the United States. The company operates in the Tuscaloosa Marine Shale region, with minor operations in the Eagle Ford and Haynesville shales. The vast majority of exploitation and development efforts on natural gas are carried out in the core of the Haynesville Shale in North Louisiana.

Executives

Gen Iv Investment Opportunities, Llc	10 percent owner	1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
Anchorage Capital Group, L.l.c.	10 percent owner	610 BROADWAY, 6TH FLOOR, NEW YORK NY 10012
Franklin Resources Inc	10 percent owner	FRANKLIN RESOURCES INC, ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Walter G Goodrich	director, officer: Chairman and CEO	C/O GOODRICH PETROLEUM, 808 TRAVIS, SUITE 1320, HOUSTON TX 77002
Robert T Barker	officer: SVP Controller & CFO	801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Turnham Robert C Jr	director, officer: President & COO	808 TRAVIS, SUITE 1320, HOUSTON TX 77002
Mark E Ferchau	officer: Executive Vice President	333 TEXAS ST, STE 1375, SHREWSPORT LA 71101
Edward J. Sondey	director	801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Jeffrey Serota	director	123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73120
Kenneth Adam Leight	director	801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Timothy D Leuliette	director	P.O. BOX 701482, PLYMOUTH MI 48170
Thomas M Souers	director	801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Ronald F Coleman	director	4601 WESTWAY PARK BOULEVARD, HOUSTON TX 77041
Steven J Pully	director	9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
Lsp Generation Iv, Llc	10 percent owner	1700 BROADWAY, FLOOR 35, NEW YORK X1 10019