Highwood Asset Management (TSXV:HAM) Days Sales Outstanding : 53.03 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Highwood Asset Management Days Sales Outstanding?

Highwood Asset Management's average Accounts Receivable for the three months ended in Mar. 2024 was C$17.64 Mil. Highwood Asset Management's Revenue for the three months ended in Mar. 2024 was C$30.35 Mil. Hence, Highwood Asset Management's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.03.

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

TSXV:HAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.04 Med: 48.05 Max: 94.59
Current: 45.81

During the past 7 years, Highwood Asset Management's highest Days Sales Outstanding was 94.59. The lowest was 25.04. And the median was 48.05.

TSXV:HAM's Days Sales Outstanding is ranked better than
53.43% of 934 companies
in the Oil & Gas industry
Industry Median: 49.05 vs TSXV:HAM: 45.81

Highwood Asset Management's Days Sales Outstanding increased from Mar. 2023 (33.02) to Mar. 2024 (53.03).

Highwood Asset Management Days Sales Outstanding Historical Data

The historical data trend for Highwood Asset Management'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.

Highwood Asset Management Days Sales Outstanding Chart

Highwood Asset Management Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

25.04

70.36

94.59

28.16

63.29

Highwood Asset Management 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															33.02	40.25	28.22	45.06	53.03

Competitive Comparison of Highwood Asset Management's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Highwood Asset Management'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.

Highwood Asset Management's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Highwood Asset Management's Days Sales Outstanding falls into.

Highwood Asset Management 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.

Highwood Asset Management'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
=	( (0.754	+	15.133)	/	2 )	/	45.813	*	365
=	7.9435					/	45.813	*	365
=	63.29

Highwood Asset Management'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
=	( (15.133	+	20.142)	/	2 )	/	30.35	*	365 / 4
=	17.6375					/	30.35	*	365 / 4
=	53.03

Highwood Asset Management (TSXV:HAM) Days Sales Outstanding Explanation

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

Highwood Asset Management Days Sales Outstanding Related Terms

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

Highwood Asset Management (TSXV:HAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Highwood Asset Management Ltd (TSXV:HAM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 10th Avenue South East, Suite 202, Calgary, AB, CAN, T2G 0V9

Website

https://www.highwoodoil.com

Highwood Asset Management Ltd is an asset management entity overseeing various operations including clean energy transition subsectors with a focus on ESG also it looks at current activities in the industrial metals & minerals, oil production and oil midstream spaces. The company has four reportable segment which are Upstream Segment, Midstream Segment, Metallic Mineral Segment, Corporate and Other Segment. All segments are located geographically within Canada, more specifically Alberta, Saskatchewan and British Columbia.

Highwood Asset Management (TSXV:HAM) Headlines

No Headlines