Serica Energy (LSE:SQZ) Days Sales Outstanding : 64.23 (As of Dec. 2023)

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What is Serica Energy Days Sales Outstanding?

Serica Energy's average Accounts Receivable for the six months ended in Dec. 2023 was £102.8 Mil. Serica Energy's Revenue for the six months ended in Dec. 2023 was £292.0 Mil. Hence, Serica Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 64.23.

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

LSE:SQZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.57 Med: 50.24 Max: 162.76
Current: 58.85

During the past 13 years, Serica Energy's highest Days Sales Outstanding was 162.76. The lowest was 33.57. And the median was 50.24.

LSE:SQZ's Days Sales Outstanding is ranked worse than
60.36% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs LSE:SQZ: 58.85

Serica Energy's Days Sales Outstanding increased from Dec. 2022 (36.25) to Dec. 2023 (64.23).

Serica Energy Days Sales Outstanding Historical Data

The historical data trend for Serica 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.

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Serica Energy Days Sales Outstanding Chart

Serica Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.74

59.60

50.24

49.83

53.04

Serica 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															36.18	52.47	36.25	59.63	64.23

Competitive Comparison of Serica Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Serica 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.

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

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

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

Serica 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.

Serica Energy'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
=	( (100.445	+	83.409)	/	2 )	/	632.638	*	365
=	91.927					/	632.638	*	365
=	53.04

Serica 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
=	( (122.128	+	83.409)	/	2 )	/	292.018	*	365 / 2
=	102.7685					/	292.018	*	365 / 2
=	64.23

Serica Energy (LSE:SQZ) Days Sales Outstanding Explanation

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

Serica Energy Days Sales Outstanding Related Terms

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Serica Energy (LSE:SQZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Serica Energy PLC (LSE:SQZ) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

SQZZF:USA SQZ.GB:UK A3P:Germany

Address

48 George Street, London, GBR, W1U 7DY

Website

https://www.serica-energy.com

Serica Energy PLC is an independent upstream oil and gas company with operations centered on the UK North Sea with a range of exploration and production assets. The company operates the Bruce, Keith, and Rhum fields in the UK Northern North Sea. It also operates the Columbus Field, Triton FPSO, and the Mansell field as well as holding an interest in the Erskine field in the Central North Sea.

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