BP Midstream Partners LP (BP Midstream Partners LP) Days Sales Outstanding : 0.79 (As of Dec. 2021)

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What is BP Midstream Partners LP Days Sales Outstanding?

BP Midstream Partners LP's average Accounts Receivable for the three months ended in Dec. 2021 was $0.3 Mil. BP Midstream Partners LP's Revenue for the three months ended in Dec. 2021 was $34.7 Mil. Hence, BP Midstream Partners LP's Days Sales Outstanding for the three months ended in Dec. 2021 was 0.79.

The historical rank and industry rank for BP Midstream Partners LP's Days Sales Outstanding or its related term are showing as below:

BPMP's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.86
* Ranked among companies with meaningful Days Sales Outstanding only.

BP Midstream Partners LP's Days Sales Outstanding increased from Dec. 2020 (0.55) to Dec. 2021 (0.79).

BP Midstream Partners LP Days Sales Outstanding Historical Data

The historical data trend for BP Midstream Partners LP'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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BP Midstream Partners LP Days Sales Outstanding Chart

BP Midstream Partners LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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0.89

0.80

1.31

1.13

0.76

BP Midstream Partners LP Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Days Sales Outstanding	Get a 7-Day Free Trial															0.55	0.77	0.93	-	0.79

Competitive Comparison of BP Midstream Partners LP's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, BP Midstream Partners LP'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.

BP Midstream Partners LP's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where BP Midstream Partners LP's Days Sales Outstanding falls into.

BP Midstream Partners LP 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.

BP Midstream Partners LP's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.2	+	0.3)	/	2 )	/	119.9	*	365
=	0.25					/	119.9	*	365
=	0.76

BP Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding (Q: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0	+	0.3)	/	1 )	/	34.7	*	365 / 4
=	0.3					/	34.7	*	365 / 4
=	0.79

BP Midstream Partners LP (NYSE:BPMP) Days Sales Outstanding Explanation

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

BP Midstream Partners LP Days Sales Outstanding Related Terms

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BP Midstream Partners LP (BP Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BP Midstream Partners LP (NYSE:BPMP) » Definitions » Days Sales Outstanding

Comparable Companies

NS STNG KNTK GEL HESM FRO PAGP HEP INSW DKL TSX:ENB EPD TSX:TRP WMB KMI ET LNG MPLX OKE CQP

Traded in Other Exchanges

N/A

Address

501 Westlake Park Boulevard, Houston, TX, USA, 77079

Website

https://www.bpmidstreampartners.com

BP Midstream Partners LP is a US-based limited partnership. It owns, operates, develops, and acquires pipelines and other midstream assets. The company holds interests in entities that own crude oil, natural gas, refined products, and diluent pipelines serving as key infrastructure for the company to transport onshore crude oil production to whiting refinery and offshore crude oil and natural gas production. It transports oil and gas products to refining markets and trading and distribution hubs.

Executives

Starlee Sykes	director	501 WESTLAKE PARK BLVD HOUSTON TX 77079
Jack T Collins	director	210 PARK AVENUE SUITE 2750 OKLAHOMA CITY OK 73102
David Kurt	officer: Chief Operating Officer	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Derek Rush	officer: Chief Development Officer	501 WESTLAKE PARK BLVD HOUSTON TX 77079
Craig Coburn	director, officer: See Remarks	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Michele F Joy	director	910 LOUISIANA STREET, HOUSTON TX 77002
Robert A Malone	director	3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Gerald J Maret	officer: Chief Operating Officer	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Robert P Zinsmeister	director, officer: See Remarks	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Clive Christison	director	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Mark E Frena	officer: Chief Development Officer	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Douglas Sparkman	director	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Walter Clements	director	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Bp Midstream Partners Gp Llc	director, 10 percent owner	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079
Bp Midstream Partners Holdings Llc	director, 10 percent owner	501 WESTLAKE PARK BOULEVARD HOUSTON TX 77079