Prominence Energy (ASX:PRM) Days Sales Outstanding : 273.75 (As of Dec. 2023)

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What is Prominence Energy Days Sales Outstanding?

Prominence Energy's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.00 Mil. Prominence Energy's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Hence, Prominence Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 273.75.

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

ASX:PRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 145.5 Med: 452.99 Max: 730
Current: 730

During the past 13 years, Prominence Energy's highest Days Sales Outstanding was 730.00. The lowest was 145.50. And the median was 452.99.

ASX:PRM's Days Sales Outstanding is ranked worse than
97.75% of 932 companies
in the Oil & Gas industry
Industry Median: 49.135 vs ASX:PRM: 730.00

Prominence Energy's Days Sales Outstanding increased from Dec. 2022 (45.63) to Dec. 2023 (273.75).

Prominence Energy Days Sales Outstanding Historical Data

The historical data trend for Prominence Energy'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.

Prominence Energy Days Sales Outstanding Chart

Prominence Energy Annual Data

Trend

Jun14

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Days Sales Outstanding

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Prominence Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															-	-	45.63	-	273.75

Competitive Comparison of Prominence Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Prominence Energy'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.

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

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

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

Prominence Energy 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.

Prominence Energy's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Prominence Energy'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.003)	/	1 )	/	0.002	*	365 / 2
=	0.003					/	0.002	*	365 / 2
=	273.75

Prominence Energy (ASX:PRM) Days Sales Outstanding Explanation

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

Prominence Energy Days Sales Outstanding Related Terms

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Prominence Energy (ASX:PRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prominence Energy Ltd (ASX:PRM) » Definitions » Days Sales Outstanding

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RSX:Germany

Address

30 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

http://www.prominenceenergy.com.au

Prominence Energy Ltd is an oil and gas exploration company. It is engaged in the exploration, development, and production of oil and gas projects. Its project includes Bowsprit Oil. The company's geographical segment includes Australia and United States of America. It derives a majority of revenue from Australia.