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TransAtlantic Petroleum (TransAtlantic Petroleum) Days Sales Outstanding

: 68.67 (As of Sep. 2020)
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TransAtlantic Petroleum's average Accounts Receivable for the three months ended in Sep. 2020 was $6.49 Mil. TransAtlantic Petroleum's Revenue for the three months ended in Sep. 2020 was $8.63 Mil. Hence, TransAtlantic Petroleum's Days Sales Outstanding for the three months ended in Sep. 2020 was 68.67.

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

TAT's Days Sales Outstanding is not ranked *
in the Oil & Gas industry.
Industry Median: 48.88
* Ranked among companies with meaningful Days Sales Outstanding only.

TransAtlantic Petroleum's Days Sales Outstanding declined from Sep. 2019 (107.02) to Sep. 2020 (68.67).


TransAtlantic Petroleum Days Sales Outstanding Historical Data

The historical data trend for TransAtlantic Petroleum'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.

TransAtlantic Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.71 74.99 108.56 74.04 70.99

TransAtlantic Petroleum Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 107.02 70.17 106.31 91.09 68.67

Competitive Comparison

For the Oil & Gas E&P subindustry, TransAtlantic Petroleum'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.


TransAtlantic Petroleum Days Sales Outstanding Distribution

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

* The bar in red indicates where TransAtlantic Petroleum's Days Sales Outstanding falls into.



TransAtlantic Petroleum 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.

TransAtlantic Petroleum's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

Days Sales Outstanding (A: Dec. 2019 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2018 ) + Accounts Receivable (A: Dec. 2019 )) / count ) / Revenue (A: Dec. 2019 )*Days in Period
=( (12.912 + 13.299) / 2 ) / 67.38*365
=13.1055 / 67.38*365
=70.99

TransAtlantic Petroleum's Days Sales Outstanding for the quarter that ended in Sep. 2020 is calculated as:

Days Sales Outstanding (Q: Sep. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2020 ) + Accounts Receivable (A: Sep. 2020 )) / count ) / Revenue (A: Sep. 2020 )*Days in Period
=( (6.796 + 6.192) / 2 ) / 8.629*365 / 4
=6.494 / 8.629*365 / 4
=68.67

* 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.


TransAtlantic Petroleum  (AMEX:TAT) Days Sales Outstanding Explanation

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


TransAtlantic Petroleum Days Sales Outstanding Related Terms

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TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
16803 Dallas Parkway, Addison, TX, USA, 75001
TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.
Executives
Mary E West other: See REMARKS 1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii director, 10 percent owner, officer: Chief Executive Officer 16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc. other: See REMARKS 1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman director 16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite director 16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc 10 percent owner, other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West other: See REMARKS 1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton officer: President 16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey officer: VP & General Counsel 16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill officer: Chief Accounting Officer 16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras officer: Executive VP Turkey 16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell officer: Vice President Engineering 16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda officer: Principal Accounting/Financial 16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs director 1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise director

TransAtlantic Petroleum (TransAtlantic Petroleum) Headlines