Pine Cliff Energy (TSX:PNE) Days Sales Outstanding : 42.37 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Pine Cliff Energy Days Sales Outstanding?

Pine Cliff Energy's average Accounts Receivable for the three months ended in Mar. 2024 was C$24.4 Mil. Pine Cliff Energy's Revenue for the three months ended in Mar. 2024 was C$52.5 Mil. Hence, Pine Cliff Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.37.

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

TSX:PNE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.73 Med: 48.58 Max: 72.11
Current: 41.71

During the past 13 years, Pine Cliff Energy's highest Days Sales Outstanding was 72.11. The lowest was 28.73. And the median was 48.58.

TSX:PNE's Days Sales Outstanding is ranked better than
58.4% of 935 companies
in the Oil & Gas industry
Industry Median: 49.24 vs TSX:PNE: 41.71

Pine Cliff Energy's Days Sales Outstanding increased from Mar. 2023 (40.31) to Mar. 2024 (42.37).

Pine Cliff Energy Days Sales Outstanding Historical Data

The historical data trend for Pine Cliff 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.

Pine Cliff Energy Days Sales Outstanding Chart

Pine Cliff Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

45.71

48.40

39.69

28.73

47.83

Pine Cliff 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															40.31	42.18	37.34	43.16	42.37

Competitive Comparison of Pine Cliff Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Pine Cliff 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.

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

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

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

Pine Cliff 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.

Pine Cliff 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
=	( (27.187	+	23.657)	/	2 )	/	194.011	*	365
=	25.422					/	194.011	*	365
=	47.83

Pine Cliff 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
=	( (23.657	+	25.144)	/	2 )	/	52.549	*	365 / 4
=	24.4005					/	52.549	*	365 / 4
=	42.37

Pine Cliff Energy (TSX:PNE) Days Sales Outstanding Explanation

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

Pine Cliff Energy Days Sales Outstanding Related Terms

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

Pine Cliff Energy (TSX:PNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pine Cliff Energy Ltd (TSX:PNE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PIFYF:USA

Address

1015 - 4th Street South West, Suite 850, Calgary, AB, CAN, T2R 1J4

Website

http://www.pinecliffenergy.com

Pine Cliff Energy Ltd is a Canadian natural gas focused, exploration and production company. It is mainly engaged in the exploration, development, and production of natural gas, crude oil, and natural gas liquids. The company owns a Western Canadian Sedimentary Basin, Ghost Pine/Three Hills and Camrose/Viking areas of Central Alberta, several gas assets in Southeast Alberta and Southwest Saskatchewan, non-operated properties in the Sundance, Harmattan, and Garrington areas of Alberta and others.

Executives

Calvin Blain Jacober

Director

Pine Cliff Energy (TSX:PNE) Headlines

No Headlines