Cimarex Energy Co (Cimarex Energy Co) Days Sales Outstanding : 52.61 (As of Sep. 2021)

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What is Cimarex Energy Co Days Sales Outstanding?

Cimarex Energy Co's average Accounts Receivable for the three months ended in Sep. 2021 was $536 Mil. Cimarex Energy Co's Revenue for the three months ended in Sep. 2021 was $930 Mil. Hence, Cimarex Energy Co's Days Sales Outstanding for the three months ended in Sep. 2021 was 52.61.

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

XEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.26 Med: 69.82 Max: 91.46
Current: 57.26

During the past 13 years, Cimarex Energy Co's highest Days Sales Outstanding was 91.46. The lowest was 57.26. And the median was 69.82.

XEC's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.845 vs XEC: 57.26

Cimarex Energy Co's Days Sales Outstanding declined from Sep. 2020 (58.42) to Sep. 2021 (52.61).

Cimarex Energy Co Days Sales Outstanding Historical Data

The historical data trend for Cimarex Energy Co'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.

Cimarex Energy Co Days Sales Outstanding Chart

Cimarex Energy Co Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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72.56

69.90

71.34

69.73

91.46

Cimarex Energy Co 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															58.42	63.17	51.00	57.71	52.61

Competitive Comparison of Cimarex Energy Co's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Cimarex Energy Co'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.

Cimarex Energy Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cimarex Energy Co's Days Sales Outstanding falls into.

Cimarex Energy Co 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.

Cimarex Energy Co'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
=	( (448.584	+	332.485)	/	2 )	/	1558.595	*	365
=	390.5345					/	1558.595	*	365
=	91.46

Cimarex Energy Co'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
=	( (474.17	+	598.262)	/	2 )	/	930.036	*	365 / 4
=	536.216					/	930.036	*	365 / 4
=	52.61

Cimarex Energy Co (NYSE:XEC) Days Sales Outstanding Explanation

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

Cimarex Energy Co Days Sales Outstanding Related Terms

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Cimarex Energy Co (Cimarex Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cimarex Energy Co (NYSE:XEC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Lincoln Street, Suite 3700, Denver, CO, USA, 80203

Website

https://www.cimarex.com

Denver-based Cimarex Energy is an independent exploration and production company with operations throughout the Southern and Central United States, where its focus includes the Permian Basin, Woodford Shale, and Meramec horizon. The firm was created in 2002 when it spun off from Helmerich & Payne and then merged with Key Production. At year-end 2018, Cimarex's proved reserves were 591 million barrels of oil equivalent, with net production of 221 thousand boe per day. Natural gas represented 42% of production and 45% of reserves.

Executives

John Lambuth	officer: SVP-Exploration	C/O CIMAREX ENERGY CO 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
Joseph R Albi	director, other: Former Executive VP, COO	C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
G Mark Burford	officer: SVP & Chief Financial Officer	1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Stephen P Bell	officer: Ex VP	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Blake A Sirgo	officer: VP-Operations	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Logan Harold R Jr	director
Francis Brian Barron	officer: Sr VP-General Counsel	1099 18TH STREET, SUITE 2300, DENVER CO 80202
Monroe W Robertson	director	C/O CIMAREX ENERGY CO. 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
David A Hentschel	director	C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Sullivan Michael J/co	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Thomas F Mccoy	officer: SVP-Production	1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Kathleen A Hogenson	director	C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Paul Eckley	director	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Frances M Vallejo	director	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Hans Helmerich	director	C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404