Touchstone Exploration (Touchstone Exploration) Days Sales Outstanding

: 31.07 (As of Dec. 2023)

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Touchstone Exploration's average Accounts Receivable for the three months ended in Dec. 2023 was $7.07 Mil. Touchstone Exploration's Revenue for the three months ended in Dec. 2023 was $20.77 Mil. Hence, Touchstone Exploration's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.07.

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

PBEGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.44 Med: 90.39 Max: 141.32
Current: 33.03

During the past 13 years, Touchstone Exploration's highest Days Sales Outstanding was 141.32. The lowest was 17.44. And the median was 90.39.

PBEGF's Days Sales Outstanding is ranked better than
71.6% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs PBEGF: 33.03

Touchstone Exploration's Days Sales Outstanding declined from Dec. 2022 (40.87) to Dec. 2023 (31.07).

Touchstone Exploration Days Sales Outstanding Historical Data

The historical data trend for Touchstone Exploration'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.

Touchstone Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

90.84

111.40

40.03

17.89

33.45

Touchstone Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																40.87	26.98	33.02	40.21	31.07

Competitive Comparison

For the Oil & Gas E&P subindustry, Touchstone Exploration'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.

Touchstone Exploration Days Sales Outstanding Distribution

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

* The bar in red indicates where Touchstone Exploration's Days Sales Outstanding falls into.

Touchstone Exploration 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.

Touchstone Exploration's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.403	+	6.424)	/	2 )	/	48.162	*	365
=	4.4135					/	48.162	*	365
=	33.45

Touchstone Exploration's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.717	+	6.424)	/	2 )	/	20.768	*	365 / 4
=	7.0705					/	20.768	*	365 / 4
=	31.07

Touchstone Exploration (OTCPK:PBEGF) Days Sales Outstanding Explanation

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

Touchstone Exploration Days Sales Outstanding Related Terms

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Touchstone Exploration (Touchstone Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Touchstone Exploration Inc (OTCPK:PBEGF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TXP:UK PNW1:Germany TXP:Canada

Address

350 - 7th Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 3N9

Website

https://www.touchstoneexploration.com

Touchstone Exploration Inc is an international upstream oil and gas company currently active in the Republic of Trinidad and Tobago. It is primarily engaged in the exploration and the acquisition, development, and production of hydrocarbons in onshore reservoirs in Trinidad. The company holds interests in producing and exploration properties in southern Trinidad, which is approximately 90,000 gross acres of exploration and development rights. Its core focus is on developing production on its four onshore lease operatorship properties (Coora Block 1 & 2, WD-4 & WD-8) and its Fyzabad onshore property.