Switch to:
Plains Exploration & Production Company (NYSE:PXP)
Days Sales Outstanding
41.72 (As of Mar. 2013)

Plains Exploration & Production Company's account receivable for the three months ended in Mar. 2013 was \$563 Mil. Plains Exploration & Production Company's revenue for the three months ended in Mar. 2013 was \$1,232 Mil. Hence, Plains Exploration & Production Company's days sales outstanding for the three months ended in Mar. 2013 was 41.72.

Plains Exploration & Production Company's days sales outstanding declined from Mar. 2012 (49.73) to Mar. 2013 (41.72).

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.

Plains Exploration & Production Company's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 584.722 / 2565.307 * 365 = 83.20

Plains Exploration & Production Company's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 563.313 / 1232.115 * 365 / 4 = 41.72

* 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

Historical Data

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

Plains Exploration & Production Company Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 DaysSalesOutstanding 60.75 66.45 57.47 40.56 87.45 26.71 79.51 63.57 56.24 83.20

Plains Exploration & Production Company Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 DaysSalesOutstanding 60.15 53.78 44.39 50.88 53.37 49.73 45.82 47.53 61.38 41.72
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)