ROK Resources (ROK Resources) Days Sales Outstanding : 50.19 (As of Dec. 2023)

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What is ROK Resources Days Sales Outstanding?

ROK Resources's average Accounts Receivable for the three months ended in Dec. 2023 was $9.51 Mil. ROK Resources's Revenue for the three months ended in Dec. 2023 was $17.30 Mil. Hence, ROK Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.19.

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

ROKRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.21 Med: 53.05 Max: 220.07
Current: 51.06

During the past 13 years, ROK Resources's highest Days Sales Outstanding was 220.07. The lowest was 19.21. And the median was 53.05.

ROKRF's Days Sales Outstanding is ranked worse than
52.4% of 937 companies
in the Oil & Gas industry
Industry Median: 48.81 vs ROKRF: 51.06

ROK Resources's Days Sales Outstanding declined from Dec. 2022 (52.10) to Dec. 2023 (50.19).

ROK Resources Days Sales Outstanding Historical Data

The historical data trend for ROK Resources'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.

ROK Resources Days Sales Outstanding Chart

ROK Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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137.56

53.02

23.93

49.69

ROK Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.10	46.71	62.01	48.52	50.19

Competitive Comparison of ROK Resources's Days Sales Outstanding

For the Oil & Gas E&P subindustry, ROK Resources'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.

ROK Resources's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where ROK Resources's Days Sales Outstanding falls into.

ROK Resources 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.

ROK Resources'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
=	( (7.996	+	9.706)	/	2 )	/	65.017	*	365
=	8.851					/	65.017	*	365
=	49.69

ROK Resources'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (9.322	+	9.706)	/	2 )	/	17.298	*	365 / 4
=	9.514					/	17.298	*	365 / 4
=	50.19

ROK Resources (OTCPK:ROKRF) Days Sales Outstanding Explanation

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

ROK Resources Days Sales Outstanding Related Terms

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ROK Resources (ROK Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ROK Resources Inc (OTCPK:ROKRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8P2N:Germany ROK:Canada

Address

250 - 5th Street SW, Suite 750, Calgary, AB, CAN, T2P 0R4

Website

https://www.rokresources.ca

ROK Resources Inc is an oil and natural gas exploration company. The company is engaged in petroleum and natural gas exploration and development activities in Western Canada.