DNO ASA (DNO ASA) Days Sales Outstanding : 74.72 (As of Dec. 2023)

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What is DNO ASA Days Sales Outstanding?

DNO ASA's average Accounts Receivable for the three months ended in Dec. 2023 was $163.2 Mil. DNO ASA's Revenue for the three months ended in Dec. 2023 was $199.3 Mil. Hence, DNO ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.72.

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

DTNOF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.06 Med: 92.09 Max: 234.98
Current: 145.1

During the past 13 years, DNO ASA's highest Days Sales Outstanding was 234.98. The lowest was 40.06. And the median was 92.09.

DTNOF's Days Sales Outstanding is ranked worse than
88.98% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs DTNOF: 145.10

DNO ASA's Days Sales Outstanding declined from Dec. 2022 (87.19) to Dec. 2023 (74.72).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

DNO ASA Days Sales Outstanding Historical Data

The historical data trend for DNO ASA'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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DNO ASA Days Sales Outstanding Chart

DNO ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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98.19

137.21

88.19

91.10

133.26

DNO ASA 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															87.19	113.42	541.24	166.16	74.72

Competitive Comparison of DNO ASA's Days Sales Outstanding

For the Oil & Gas E&P subindustry, DNO ASA'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.

DNO ASA's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where DNO ASA's Days Sales Outstanding falls into.

DNO ASA 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.

DNO ASA'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
=	( (325.8	+	161.6)	/	2 )	/	667.5	*	365
=	243.7					/	667.5	*	365
=	133.26

DNO ASA'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
=	( (164.8	+	161.6)	/	2 )	/	199.3	*	365 / 4
=	163.2					/	199.3	*	365 / 4
=	74.72

DNO ASA (OTCPK:DTNOF) Days Sales Outstanding Explanation

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

DNO ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of DNO ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

DNO ASA (DNO ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DTNOY:USA DNOo:Sweden DNO:Norway DNOo:UK 0MHP:UK NK1A:Germany

Address

Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250

Website

https://www.dno.no

DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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