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Penn West Petroleum Ltd (NYSE:PWE)
Days Sales Outstanding
74.50 (As of Jun. 2016)

Penn West Petroleum Ltd's account receivable for the three months ended in Jun. 2016 was $100.0 Mil. Penn West Petroleum Ltd's revenue for the three months ended in Jun. 2016 was $122.5 Mil. Hence, Penn West Petroleum Ltd's days sales outstanding for the three months ended in Jun. 2016 was 74.50.

PWE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.2   Max: 51.12
Current: 45.41

27.2
51.12

During the past 13 years, Penn West Petroleum Ltd's highest Days Sales Outstanding was 51.12. The lowest was 27.20. And the median was 42.51.

PWE's Days Sales Outstanding is ranked lower than
51% of the 382 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 44.85 vs. PWE: 45.41 )

Penn West Petroleum Ltd's days sales outstanding increased from Jun. 2015 (47.56) to Jun. 2016 (74.50).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Penn West Petroleum Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=157.821713493/2117.58584807*365
=27.20

Penn West Petroleum Ltd's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=100.046533271/122.537614394*365 / 4
=74.50

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Penn West Petroleum Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 46.7641.1928.4951.1246.0949.1143.8335.0227.2040.35

Penn West Petroleum Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysSalesOutstanding 43.1636.1634.8232.2548.9647.5636.0646.3861.4474.50
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