EnLink Midstream LLC (EnLink Midstream LLC) Days Sales Outstanding : 3.90 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is EnLink Midstream LLC Days Sales Outstanding?

EnLink Midstream LLC's average Accounts Receivable for the three months ended in Mar. 2024 was $72 Mil. EnLink Midstream LLC's Revenue for the three months ended in Mar. 2024 was $1,677 Mil. Hence, EnLink Midstream LLC's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.90.

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

ENLC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.53 Med: 4.67 Max: 11.16
Current: 4.52

During the past 13 years, EnLink Midstream LLC's highest Days Sales Outstanding was 11.16. The lowest was 3.53. And the median was 4.67.

ENLC's Days Sales Outstanding is ranked better than
97.23% of 937 companies
in the Oil & Gas industry
Industry Median: 48.71 vs ENLC: 4.52

EnLink Midstream LLC's Days Sales Outstanding declined from Mar. 2023 (4.56) to Mar. 2024 (3.90).

EnLink Midstream LLC Days Sales Outstanding Historical Data

The historical data trend for EnLink Midstream LLC'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.

EnLink Midstream LLC Days Sales Outstanding Chart

EnLink Midstream LLC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

4.91

5.44

4.68

3.53

4.65

EnLink Midstream LLC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															4.56	5.07	4.93	4.83	3.90

Competitive Comparison of EnLink Midstream LLC's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC'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.

EnLink Midstream LLC's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where EnLink Midstream LLC's Days Sales Outstanding falls into.

EnLink Midstream LLC 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.

EnLink Midstream LLC'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
=	( (89.2	+	85.9)	/	2 )	/	6879.4	*	365
=	87.55					/	6879.4	*	365
=	4.65

EnLink Midstream LLC's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (85.9	+	57.5)	/	2 )	/	1676.9	*	365 / 4
=	71.7					/	1676.9	*	365 / 4
=	3.90

EnLink Midstream LLC (NYSE:ENLC) Days Sales Outstanding Explanation

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

EnLink Midstream LLC Days Sales Outstanding Related Terms

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

EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EnLink Midstream LLC (NYSE:ENLC) » Definitions » Days Sales Outstanding

Comparable Companies

DTM ETRN AM FRO STNG PAGP VNOM NS HESM INSW TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

0E41:Germany

Address

1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201

Website

https://www.enlink.com

EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.

Executives

Adam S Forman	officer: EVP and General Counsel	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Dilanka Seimon	officer: EVP and CCO	1722 ROUTH STREET, DALLAS TX 75201
Alaina K Brooks	officer: SVP, General Counsel	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Jan Philipp Rossbach	officer: VP & Chief Accounting Officer	1722 ROUTH STREET, SUITE 1300, DALLAS TX 75201
Benjamin D Lamb	officer: SVP-Finance & Corporate Dev.	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Walter Pinto	officer: EVP and COO	1722 ROUTH STREET, DALLAS TX 75201
Kyle D Vann	director	11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jesse Arenivas	director, officer: Chief Executive Officer	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Benjamin M Daniel	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Tiffany Thom Cepak	director	C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsip Egypt Holdings, Lp	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Richard P Schifter	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Scott E Telesz	director	39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Pablo G. Mercado,	officer: EVP and CFO	920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024