The Reserve Petroleum Co (The Reserve Petroleum Co) Days Sales Outstanding : 52.34 (As of Dec. 2023)

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What is The Reserve Petroleum Co Days Sales Outstanding?

The Reserve Petroleum Co's average Accounts Receivable for the three months ended in Dec. 2023 was $2.38 Mil. The Reserve Petroleum Co's Revenue for the three months ended in Dec. 2023 was $4.16 Mil. Hence, The Reserve Petroleum Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.34.

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

RSRV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.73 Med: 44.66 Max: 78.78
Current: 58.12

During the past 13 years, The Reserve Petroleum Co's highest Days Sales Outstanding was 78.78. The lowest was 36.73. And the median was 44.66.

RSRV's Days Sales Outstanding is ranked worse than
59.31% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs RSRV: 58.12

The Reserve Petroleum Co's Days Sales Outstanding increased from Dec. 2022 (44.17) to Dec. 2023 (52.34).

The Reserve Petroleum Co Days Sales Outstanding Historical Data

The historical data trend for The Reserve Petroleum 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.

The Reserve Petroleum Co Days Sales Outstanding Chart

The Reserve Petroleum Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.95

78.78

43.18

41.54

63.92

The Reserve Petroleum Co 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	Get a 7-Day Free Trial															44.17	58.64	57.68	59.40	52.34

Competitive Comparison of The Reserve Petroleum Co's Days Sales Outstanding

For the Oil & Gas E&P subindustry, The Reserve Petroleum 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.

The Reserve Petroleum Co's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

The Reserve Petroleum 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.

The Reserve Petroleum Co'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
=	( (2.318	+	2.367)	/	2 )	/	13.376	*	365
=	2.3425					/	13.376	*	365
=	63.92

The Reserve Petroleum Co'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
=	( (2.401	+	2.367)	/	2 )	/	4.156	*	365 / 4
=	2.384					/	4.156	*	365 / 4
=	52.34

The Reserve Petroleum Co (OTCPK:RSRV) Days Sales Outstanding Explanation

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

The Reserve Petroleum Co Days Sales Outstanding Related Terms

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

The Reserve Petroleum Co (The Reserve Petroleum Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Reserve Petroleum Co (OTCPK:RSRV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6801 Broadway Extension, Suite 300, Oklahoma City, OK, USA, 73116-9037

Website

http://www.reserve-petro.com

The Reserve Petroleum Co is engaged in managing its owned mineral properties and exploration and development of oil and natural gas properties. It operates through the segment of the oil and natural gas exploration and development and minerals management with areas of concentration in Texas, Oklahoma, Kansas, Arkansas, and South Dakota.

Executives

Cameron R Mclain	director, officer: PRESIDENT	805 GLEN EAGLES DR, EDMOND OK 73013
Lawrence Raymond Francis	officer: 1st VP & Secretary/Treasurer	6801 BROADWAY EXTENSION, SUITE 300, OKLAHOMA CITY OK 73116
John Mclain	director	6801 BROADWAY EXTENSION, SUITE 200, OKLAHOMA CITY OK 73116-9037
Robert T Mclain	director	6403 N. GRAND BLVD, SUITE 200, OKLAHOMA CITY OK 73116
Robert L Savage	director	8326 GLENWOOD AVENUE, OKLAHOMA CITY OK 73114
James L Tyler	director, officer: 2nd Vice President, Sec/Treas	7720 NW 102ND ST, OKLAHOMA CITY OK 73162-5314
Kyle L Mclain	other: Performs policy making functio	2301 STEEPLECHASE RD, EDMOND OK 73034
Mason W Mclain	director, 10 percent owner, officer: President

The Reserve Petroleum Co (The Reserve Petroleum Co) Headlines

From GuruFocus

Insider Buying: President Cameron Mclain Acquires 165 Shares of The Reserve Petroleum Co

By GuruFocus Research • 08-30-2023