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Pieridae Energy (TSX:PEA) Days Sales Outstanding : 67.08 (As of Mar. 2024)


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What is Pieridae Energy Days Sales Outstanding?

Pieridae Energy's average Accounts Receivable for the three months ended in Mar. 2024 was C$56.1 Mil. Pieridae Energy's Revenue for the three months ended in Mar. 2024 was C$76.3 Mil. Hence, Pieridae Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.08.

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

TSX:PEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.44   Med: 72.5   Max: 4428.67
Current: 55.28

During the past 13 years, Pieridae Energy's highest Days Sales Outstanding was 4428.67. The lowest was 2.44. And the median was 72.50.

TSX:PEA's Days Sales Outstanding is ranked worse than
57.22% of 935 companies
in the Oil & Gas industry
Industry Median: 49.16 vs TSX:PEA: 55.28

Pieridae Energy's Days Sales Outstanding increased from Mar. 2023 (51.76) to Mar. 2024 (67.08).


Pieridae Energy Days Sales Outstanding Historical Data

The historical data trend for Pieridae 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.

Pieridae Energy Days Sales Outstanding Chart

Pieridae Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.10 65.70 51.55 46.45 72.50

Pieridae Energy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.76 60.54 34.87 56.24 67.08

Competitive Comparison of Pieridae Energy's Days Sales Outstanding

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


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

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

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



Pieridae 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.

Pieridae 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
=( (74.514 + 61.523) / 2 ) / 342.425*365
=68.0185 / 342.425*365
=72.50

Pieridae Energy'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
=( (61.523 + 50.673) / 2 ) / 76.31*365 / 4
=56.098 / 76.31*365 / 4
=67.08

* 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.


Pieridae Energy  (TSX:PEA) Days Sales Outstanding Explanation

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


Pieridae Energy Days Sales Outstanding Related Terms

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Pieridae Energy (TSX:PEA) Business Description

Traded in Other Exchanges
Address
308 - 4th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 0H7
Pieridae Energy Ltd is a Canadian owned corporation focused on the development of integrated energy-related activities, from exploration and extraction of natural gas to the development, construction and operation of Goldboro LNG facility and the production of LNG for sale to Europe and other markets. It is a mid-sized oil and gas entity including midstream operatorship, and three large, deep cut, sour gas plants and associated Sulphur forming facilities, together with various pipelines which are connected to the TC Energy NOVA pipeline system in Alberta Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.
Executives
John Emery Senior Officer

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