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Cimarex Energy Company's account receivable for the three months ended in Dec. 2013 was $368 Mil. Cimarex Energy Company's revenue for the three months ended in Dec. 2013 was $517 Mil. Hence, Cimarex Energy Company's days sales outstanding for the three months ended in Dec. 2013 was 64.78.
Cimarex Energy Company's days sales outstanding increased from Dec. 2012 (62.54) to Dec. 2013 (64.78).
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 Company's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Cimarex Energy Company's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Cimarex Energy Company Annual Data
Cimarex Energy Company Quarterly Data