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Valaris (Valaris) Days Sales Outstanding : 76.45 (As of Dec. 2023)


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What is Valaris Days Sales Outstanding?

Valaris's average Accounts Receivable for the three months ended in Dec. 2023 was $405 Mil. Valaris's Revenue for the three months ended in Dec. 2023 was $484 Mil. Hence, Valaris's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.45.

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

VAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.52   Med: 73.17   Max: 78.37
Current: 78.37

During the past 5 years, Valaris's highest Days Sales Outstanding was 78.37. The lowest was 66.52. And the median was 73.17.

VAL's Days Sales Outstanding is ranked worse than
75.05% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs VAL: 78.37

Valaris's Days Sales Outstanding increased from Dec. 2022 (76.29) to Dec. 2023 (76.45).


Valaris Days Sales Outstanding Historical Data

The historical data trend for Valaris'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.

Valaris Days Sales Outstanding Chart

Valaris Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- 66.52 - 73.17 73.74

Valaris Quarterly Data
Dec19 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 76.29 72.70 83.42 85.72 76.45

Competitive Comparison of Valaris's Days Sales Outstanding

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


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

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

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



Valaris 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.

Valaris'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
=( (345.7 + 375.2) / 2 ) / 1784.2*365
=360.45 / 1784.2*365
=73.74

Valaris'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
=( (435.5 + 375.2) / 2 ) / 483.8*365 / 4
=405.35 / 483.8*365 / 4
=76.45

* 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.


Valaris  (NYSE:VAL) Days Sales Outstanding Explanation

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


Valaris Days Sales Outstanding Related Terms

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


Valaris (Valaris) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2 Church Street, Claredon House, Hamilton, BMU, HM 11
Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.
Executives
Grable Colleen officer: Controller 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Oak Hill Advisors Lp 10 percent owner 1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Kristian Johansen director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77024
Catherine Hughes director 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Matthew Lyne officer: SVP - CCO 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Christopher T Weber officer: SVP - CFO 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Gunnar W. Eliassen director C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Davor Vudakin officer: SVP & General Counsel C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Darin Gibbins officer: Interim CFO and VP 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Anton Dibowitz director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Joseph Goldschmid director, other: See Remarks C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Elizabeth Leykum director C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Deepak Munganahalli director C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Dick Fagerstal director C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Oak Hill Advisors Genpar, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036

Valaris (Valaris) Headlines

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