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CNX Resources (CNX Resources) Days Sales Outstanding

: 22.31 (As of Dec. 2023)
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CNX Resources's average Accounts Receivable for the three months ended in Dec. 2023 was $96 Mil. CNX Resources's Revenue for the three months ended in Dec. 2023 was $393 Mil. Hence, CNX Resources's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.31.

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

CNX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.55   Med: 43.98   Max: 93.39
Current: 37.53

During the past 13 years, CNX Resources's highest Days Sales Outstanding was 93.39. The lowest was 31.55. And the median was 43.98.

CNX's Days Sales Outstanding is ranked better than
64.09% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs CNX: 37.53

CNX Resources's Days Sales Outstanding declined from Dec. 2022 (43.94) to Dec. 2023 (22.31).


CNX Resources Days Sales Outstanding Historical Data

The historical data trend for CNX Resources'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.

CNX Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.54 47.00 36.36 31.55 56.29

CNX Resources 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 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 43.94 43.04 35.91 26.16 22.31

Competitive Comparison

For the Oil & Gas E&P subindustry, CNX Resources'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.


CNX Resources Days Sales Outstanding Distribution

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

* The bar in red indicates where CNX Resources's Days Sales Outstanding falls into.



CNX Resources 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.

CNX Resources'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
=( (348.458 + 116.119) / 2 ) / 1506.296*365
=232.2885 / 1506.296*365
=56.29

CNX Resources'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
=( (75.854 + 116.119) / 2 ) / 392.557*365 / 4
=95.9865 / 392.557*365 / 4
=22.31

* 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.


CNX Resources  (NYSE:CNX) Days Sales Outstanding Explanation

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


CNX Resources Days Sales Outstanding Related Terms

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CNX Resources (CNX Resources) Business Description

Traded in Other Exchanges
Address
1000 Horizon Vue Drive, Canonsburg, PA, USA, 15317-6506
CNX Resources Corp is an independent natural gas and midstream company engaged in the exploration, development, production and acquisition of natural gas properties in the Appalachian Basin. The company's operating segment include Shale and Coalbed Methane. It generates maximum revenue from the Shale segment. It also has other segment that includes nominal shallow oil and gas production.
Executives
Bernard Jr Lanigan director 150 WEST CHURCH AVENUE, MARYVILLE TN 37801
Navneet Behl officer: Chief Operating Officer 1000 HORIZON VUE DRIVE, CANONSBURG PA 15317
Robert Agbede director 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Hayley Scott officer: Chief Risk Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ravi Srivastava officer: Vice President, Green Ventures 1000 CONSOL ENERGY DRIVE, SUITE 400, CANONSBURG PA 15317
Alexander John Reyes officer: EVP, GC & Corp. Sec. CNX CENTER, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Donald W. Rush officer: EVP & Chief Financial Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Alan K Shepard officer: Vice President and CAO 1000 CONSOL ENERGY DRIVE SUITE 400, CANONSBURG PA 15317
N J Deiuliis director, officer: President and CEO 1800 WASHINGTON RD., PITTSBURGH PA 15421-4000
Stephanie L Gill officer: SVP, GC and Secretary C/O VERTIV HOLDINGS CO, 1050 DEARBORN DRIVE, COLUMBUS OH 43085
Olayemi Akinkugbe officer: Chief Excellence Officer 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Ian R Mcguire director PO BOX 1526, ROSS CA 94957
J. Palmer Clarkson director 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Chad A Griffith officer: VP Commercial & VP Marketing 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Andrea D. Passman officer: Sr VP Engineering & Operations 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317