Titan Oil & Gas (Titan Oil & Gas) Days Sales Outstanding : 64.64 (As of May. 2013)

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What is Titan Oil & Gas Days Sales Outstanding?

Titan Oil & Gas's average Accounts Receivable for the three months ended in May. 2013 was $0.01 Mil. Titan Oil & Gas's Revenue for the three months ended in May. 2013 was $0.01 Mil. Hence, Titan Oil & Gas's Days Sales Outstanding for the three months ended in May. 2013 was 64.64.

The historical rank and industry rank for Titan Oil & Gas's Days Sales Outstanding or its related term are showing as below:

TNGS's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.71
* Ranked among companies with meaningful Days Sales Outstanding only.

Titan Oil & Gas's Days Sales Outstanding declined from May. 2012 (74.14) to May. 2013 (64.64).

Titan Oil & Gas Days Sales Outstanding Historical Data

The historical data trend for Titan Oil & Gas'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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Titan Oil & Gas Days Sales Outstanding Chart

Titan Oil & Gas Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Days Sales Outstanding

323.29

106.46

Titan Oil & Gas Quarterly Data
	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13
Days Sales Outstanding	Get a 7-Day Free Trial														74.14	62.73	56.49	95.40	64.64

Competitive Comparison of Titan Oil & Gas's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Titan Oil & Gas'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.

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

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

* The bar in red indicates where Titan Oil & Gas's Days Sales Outstanding falls into.

Titan Oil & Gas 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.

Titan Oil & Gas's Days Sales Outstanding for the fiscal year that ended in Aug. 2012 is calculated as

	Days Sales Outstanding (A: Aug. 2012 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2011 )	+	Accounts Receivable (A: Aug. 2012 ))	/	count )	/	Revenue (A: Aug. 2012 )	*	Days in Period
=	( (0.031	+	0.011)	/	2 )	/	0.072	*	365
=	0.021					/	0.072	*	365
=	106.46

Titan Oil & Gas's Days Sales Outstanding for the quarter that ended in May. 2013 is calculated as:

	Days Sales Outstanding (Q: May. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2013 )	+	Accounts Receivable (A: May. 2013 ))	/	count )	/	Revenue (A: May. 2013 )	*	Days in Period
=	( (0.008	+	0.009)	/	2 )	/	0.012	*	365 / 4
=	0.0085					/	0.012	*	365 / 4
=	64.64

Titan Oil & Gas (GREY:TNGS) Days Sales Outstanding Explanation

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

Titan Oil & Gas Days Sales Outstanding Related Terms

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Titan Oil & Gas (Titan Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Titan Oil & Gas Inc (GREY:TNGS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128

Website

http://www.titanoilgas.com

Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

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