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Cimarex Energy Co (NYSE:XEC)
Days Sales Outstanding
63.16 (As of Sep. 2015)

Cimarex Energy Co's account receivable for the three months ended in Sep. 2015 was $246 Mil. Cimarex Energy Co's revenue for the three months ended in Sep. 2015 was $356 Mil. Hence, Cimarex Energy Co's days sales outstanding for the three months ended in Sep. 2015 was 63.16.

XEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.99   Max: 94.36
Current: 53.55

47.99
94.36

During the past 13 years, Cimarex Energy Co's highest Days Sales Outstanding was 94.36. The lowest was 47.99. And the median was 72.49.

XEC's Days Sales Outstanding is ranked lower than
63% of the 385 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 41.37 vs. XEC: 53.55 )

Cimarex Energy Co's days sales outstanding increased from Sep. 2014 (13.38) to Sep. 2015 (63.16).


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.

Cimarex Energy Co'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
=412.108/2424.176*365
=62.05

Cimarex Energy Co's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=246.456/356.055*365 / 4
=63.16

* 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.

Cimarex Energy Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysSalesOutstanding 94.3688.2880.4247.9982.3870.3474.6368.1067.1862.05

Cimarex Energy Co Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysSalesOutstanding 70.5314.1564.9611.6513.6413.3869.8331.5616.7163.16
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