Rubellite Energy (TSX:RBY) Days Sales Outstanding : 33.08 (As of Mar. 2024)

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What is Rubellite Energy Days Sales Outstanding?

Rubellite Energy's average Accounts Receivable for the three months ended in Mar. 2024 was C$10.8 Mil. Rubellite Energy's Revenue for the three months ended in Mar. 2024 was C$29.8 Mil. Hence, Rubellite Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.08.

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

TSX:RBY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.25 Med: 51.47 Max: 507.5
Current: 35.25

During the past 3 years, Rubellite Energy's highest Days Sales Outstanding was 507.50. The lowest was 35.25. And the median was 51.47.

TSX:RBY's Days Sales Outstanding is ranked better than
68.45% of 935 companies
in the Oil & Gas industry
Industry Median: 49.11 vs TSX:RBY: 35.25

Rubellite Energy's Days Sales Outstanding declined from Mar. 2023 (41.62) to Mar. 2024 (33.08).

Rubellite Energy Days Sales Outstanding Historical Data

The historical data trend for Rubellite 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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Rubellite Energy Days Sales Outstanding Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

507.50

51.47

39.70

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						41.62	33.15	29.25	34.74	33.08

Competitive Comparison of Rubellite Energy's Days Sales Outstanding

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

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

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

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

Rubellite 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.

Rubellite 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
=	( (8.522	+	10.83)	/	2 )	/	88.968	*	365
=	9.676					/	88.968	*	365
=	39.70

Rubellite 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
=	( (10.83	+	10.795)	/	2 )	/	29.823	*	365 / 4
=	10.8125					/	29.823	*	365 / 4
=	33.08

Rubellite Energy (TSX:RBY) Days Sales Outstanding Explanation

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

Rubellite Energy Days Sales Outstanding Related Terms

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Rubellite Energy (TSX:RBY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Inc (TSX:RBY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RUBLF:USA 6L0:Germany

Address

605 5 Avenue SW, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Inc is a Canadian energy company. It is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Executives

Ryan Goosen	Senior Officer
Jeff Green	Senior Officer
Tamara Macdonald	Director
Susan Riddell Rose	10% Security Holder, Director, Senior Officer
Ryan Shay	Director, Senior Officer
Bruce Shultz	Director

Rubellite Energy (TSX:RBY) Headlines

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