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

Penn West Petroleum Ltd's account receivable for the three months ended in Sep. 2016 was $70.9 Mil. Penn West Petroleum Ltd's revenue for the three months ended in Sep. 2016 was $109.1 Mil. Hence, Penn West Petroleum Ltd's days sales outstanding for the three months ended in Sep. 2016 was 59.34.

PWE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.53   Max: 51.12
Current: 42.27

26.53
51.12

During the past 13 years, Penn West Petroleum Ltd's highest Days Sales Outstanding was 51.12. The lowest was 26.53. And the median was 40.77.

PWE's Days Sales Outstanding is ranked higher than
59% of the 392 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 47.95 vs. PWE: 42.27 )

Penn West Petroleum Ltd's days sales outstanding increased from Sep. 2015 (36.06) to Sep. 2016 (59.34).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=112.302194997/1015.8244002*365
=40.35

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=70.949038755/109.093683247*365 / 4
=59.34

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Penn West Petroleum Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 46.7641.1926.5351.1246.0947.6638.6334.9326.6340.35

Penn West Petroleum Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 35.7933.0832.0648.0151.3636.0646.3861.4474.5059.34
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