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Headwater Exploration (Headwater Exploration) Days Sales Outstanding : 32.31 (As of Dec. 2023)


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What is Headwater Exploration Days Sales Outstanding?

Headwater Exploration's average Accounts Receivable for the three months ended in Dec. 2023 was $36.5 Mil. Headwater Exploration's Revenue for the three months ended in Dec. 2023 was $103.2 Mil. Hence, Headwater Exploration's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.31.

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

CDDRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.36   Med: 39.52   Max: 155.76
Current: 30.97

During the past 13 years, Headwater Exploration's highest Days Sales Outstanding was 155.76. The lowest was 29.36. And the median was 39.52.

CDDRF's Days Sales Outstanding is ranked better than
74.76% of 935 companies
in the Oil & Gas industry
Industry Median: 48.53 vs CDDRF: 30.97

Headwater Exploration's Days Sales Outstanding declined from Dec. 2022 (33.44) to Dec. 2023 (32.31).


Headwater Exploration Days Sales Outstanding Historical Data

The historical data trend for Headwater Exploration'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.

Headwater Exploration Days Sales Outstanding Chart

Headwater Exploration 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 119.20 154.37 34.48 30.11 31.90

Headwater Exploration 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 33.44 35.32 28.46 27.59 32.31

Competitive Comparison of Headwater Exploration's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Headwater Exploration'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.


Headwater Exploration's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Headwater Exploration's Days Sales Outstanding falls into.



Headwater Exploration 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.

Headwater Exploration'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
=( (31.756 + 34.842) / 2 ) / 381.063*365
=33.299 / 381.063*365
=31.90

Headwater Exploration'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
=( (38.224 + 34.842) / 2 ) / 103.18*365 / 4
=36.533 / 103.18*365 / 4
=32.31

* 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.


Headwater Exploration  (OTCPK:CDDRF) Days Sales Outstanding Explanation

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


Headwater Exploration Days Sales Outstanding Related Terms

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Headwater Exploration (Headwater Exploration) Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue S.W, Suite 1200, Calgary, AB, CAN, T2P 2V6
Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration, development, and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

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