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Coterra Energy (BSP:C1OG34) Days Sales Outstanding : 37.78 (As of Dec. 2023)


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What is Coterra Energy Days Sales Outstanding?

Coterra Energy's average Accounts Receivable for the three months ended in Dec. 2023 was R$3,238 Mil. Coterra Energy's Revenue for the three months ended in Dec. 2023 was R$7,820 Mil. Hence, Coterra Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.78.

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

BSP:C1OG34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.22   Med: 48   Max: 60.22
Current: 42.54

During the past 13 years, Coterra Energy's highest Days Sales Outstanding was 60.22. The lowest was 37.22. And the median was 48.00.

BSP:C1OG34's Days Sales Outstanding is ranked better than
57.17% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs BSP:C1OG34: 42.54

Coterra Energy's Days Sales Outstanding declined from Dec. 2022 (46.82) to Dec. 2023 (37.78).


Coterra Energy Days Sales Outstanding Historical Data

The historical data trend for Coterra 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.

Coterra Energy Days Sales Outstanding Chart

Coterra Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.82 47.67 59.18 41.56 57.56

Coterra Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 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 46.82 43.71 42.66 34.34 37.78

Competitive Comparison of Coterra Energy's Days Sales Outstanding

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


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

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

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



Coterra 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.

Coterra 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
=( (5596.842 + 3542.555) / 2 ) / 28977.417*365
=4569.6985 / 28977.417*365
=57.56

Coterra Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2933.588 + 3542.555) / 2 ) / 7820.081*365 / 4
=3238.0715 / 7820.081*365 / 4
=37.78

* 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.


Coterra Energy  (BSP:C1OG34) Days Sales Outstanding Explanation

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


Coterra Energy Days Sales Outstanding Related Terms

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Coterra Energy (BSP:C1OG34) Business Description

Traded in Other Exchanges
Address
840 Gessner Road, Suite 1400, Three Memorial City Plaza, Houston, TX, USA, 77024
Coterra is an independent exploration and production company with operations in Appalachia, the Permian Basin, and Oklahoma. It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2022, Coterra's proved reserves were 2.4 billion barrels of oil equivalent, with net production that year of approximately 633 million barrels of oil equivalent per day (of which 74% was natural gas).

Coterra Energy (BSP:C1OG34) Headlines

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