GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrofac Ltd (OTCPK:POFCY) » Definitions » Days Sales Outstanding

Petrofac (Petrofac) Days Sales Outstanding : 77.19 (As of Jun. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Petrofac Days Sales Outstanding?

Petrofac's average Accounts Receivable for the six months ended in Jun. 2023 was $511 Mil. Petrofac's Revenue for the six months ended in Jun. 2023 was $1,207 Mil. Hence, Petrofac's Days Sales Outstanding for the six months ended in Jun. 2023 was 77.19.

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

POFCY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.58   Med: 74.28   Max: 89.8
Current: 72.42

During the past 13 years, Petrofac's highest Days Sales Outstanding was 89.80. The lowest was 55.58. And the median was 74.28.

POFCY's Days Sales Outstanding is ranked worse than
71.87% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs POFCY: 72.42

Petrofac's Days Sales Outstanding increased from Jun. 2022 (65.93) to Jun. 2023 (77.19).


Petrofac Days Sales Outstanding Historical Data

The historical data trend for Petrofac'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.

Petrofac Days Sales Outstanding Chart

Petrofac Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.65 63.76 88.54 77.01 63.67

Petrofac Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.36 62.29 65.93 67.55 77.19

Competitive Comparison of Petrofac's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Petrofac'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.


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

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

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



Petrofac 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.

Petrofac's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (405 + 499) / 2 ) / 2591*365
=452 / 2591*365
=63.67

Petrofac's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (499 + 522) / 2 ) / 1207*365 / 2
=510.5 / 1207*365 / 2
=77.19

* 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.


Petrofac  (OTCPK:POFCY) Days Sales Outstanding Explanation

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


Petrofac Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Petrofac's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Petrofac (Petrofac) Business Description

Industry
Traded in Other Exchanges
Address
26 New Street, St Helier, JEY, JE2 3RA
Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.