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Tidewater (Tidewater) Days Sales Outstanding : 78.24 (As of Dec. 2023)


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What is Tidewater Days Sales Outstanding?

Tidewater's average Accounts Receivable for the three months ended in Dec. 2023 was $260 Mil. Tidewater's Revenue for the three months ended in Dec. 2023 was $303 Mil. Hence, Tidewater's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.24.

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

TDW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.01   Med: 90.5   Max: 106.59
Current: 76.15

During the past 13 years, Tidewater's highest Days Sales Outstanding was 106.59. The lowest was 67.01. And the median was 90.50.

TDW's Days Sales Outstanding is ranked worse than
73.45% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs TDW: 76.15

Tidewater's Days Sales Outstanding declined from Dec. 2022 (82.61) to Dec. 2023 (78.24).


Tidewater Days Sales Outstanding Historical Data

The historical data trend for Tidewater'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.

Tidewater Days Sales Outstanding Chart

Tidewater Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.06 102.41 97.94 68.46 76.76

Tidewater 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 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 82.61 80.02 80.25 68.08 78.24

Competitive Comparison of Tidewater's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Tidewater'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.


Tidewater's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidewater's Days Sales Outstanding falls into.



Tidewater 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.

Tidewater'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
=( (156.465 + 268.352) / 2 ) / 1009.985*365
=212.4085 / 1009.985*365
=76.76

Tidewater'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
=( (250.671 + 268.352) / 2 ) / 302.658*365 / 4
=259.5115 / 302.658*365 / 4
=78.24

* 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.


Tidewater  (NYSE:TDW) Days Sales Outstanding Explanation

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


Tidewater Days Sales Outstanding Related Terms

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


Tidewater (Tidewater) Business Description

Industry
Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.
Executives
Robert Robotti director 125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling officer: EVP, COO & Chief HR Officer 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio officer: EVP, CFO & CAO 10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino director 1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky director 666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle director 777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson director 10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen director, officer: Director, President & CEO 400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson officer: EVP & General Counsel 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub director
Larry T Rigdon director 914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino director C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd director, officer: President and CEO 11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day director 217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022

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