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Twin Butte Energy (Twin Butte Energy) Days Sales Outstanding : 41.98 (As of Jun. 2016)


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What is Twin Butte Energy Days Sales Outstanding?

Twin Butte Energy's average Accounts Receivable for the three months ended in Jun. 2016 was $14.5 Mil. Twin Butte Energy's Revenue for the three months ended in Jun. 2016 was $31.6 Mil. Hence, Twin Butte Energy's Days Sales Outstanding for the three months ended in Jun. 2016 was 41.98.

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

TBTEF's Days Sales Outstanding is not ranked *
in the Oil & Gas industry.
Industry Median: 48.81
* Ranked among companies with meaningful Days Sales Outstanding only.

Twin Butte Energy's Days Sales Outstanding declined from Jun. 2015 (51.91) to Jun. 2016 (41.98).


Twin Butte Energy Days Sales Outstanding Historical Data

The historical data trend for Twin Butte Energy'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.

Twin Butte Energy Days Sales Outstanding Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.22 25.01 30.48 22.19 36.05

Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 51.91 61.55 43.56 49.05 41.98

Competitive Comparison of Twin Butte Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Twin Butte Energy'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.


Twin Butte Energy's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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



Twin Butte Energy 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.

Twin Butte Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding (A: Dec. 2015 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2014 ) + Accounts Receivable (A: Dec. 2015 )) / count ) / Revenue (A: Dec. 2015 )*Days in Period
=( (25.401 + 9.28) / 2 ) / 175.578*365
=17.3405 / 175.578*365
=36.05

Twin Butte Energy's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding (Q: Jun. 2016 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2016 ) + Accounts Receivable (A: Jun. 2016 )) / count ) / Revenue (A: Jun. 2016 )*Days in Period
=( (13.355 + 15.744) / 2 ) / 31.627*365 / 4
=14.5495 / 31.627*365 / 4
=41.98

* 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.


Twin Butte Energy  (OTCPK:TBTEF) Days Sales Outstanding Explanation

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


Twin Butte Energy Days Sales Outstanding Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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