Essential Energy Services (Essential Energy Services) Days Sales Outstanding : 86.28 (As of Jun. 2023)

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What is Essential Energy Services Days Sales Outstanding?

Essential Energy Services's average Accounts Receivable for the three months ended in Jun. 2023 was $20.3 Mil. Essential Energy Services's Revenue for the three months ended in Jun. 2023 was $21.5 Mil. Hence, Essential Energy Services's Days Sales Outstanding for the three months ended in Jun. 2023 was 86.28.

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

EEYUF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.91 Med: 77.82 Max: 131.49
Current: 64.91

During the past 13 years, Essential Energy Services's highest Days Sales Outstanding was 131.49. The lowest was 64.91. And the median was 77.82.

EEYUF's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.81 vs EEYUF: 64.91

Essential Energy Services's Days Sales Outstanding increased from Jun. 2022 (86.14) to Jun. 2023 (86.28).

Essential Energy Services Days Sales Outstanding Historical Data

The historical data trend for Essential Energy Services'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.

Essential Energy Services Days Sales Outstanding Chart

Essential Energy Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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70.18

74.28

83.19

76.57

70.54

Essential Energy Services Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															86.14	62.72	71.51	59.86	86.28

Competitive Comparison of Essential Energy Services's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Essential Energy Services'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.

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

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

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

Essential Energy Services 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.

Essential Energy Services's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (22.856	+	19.851)	/	2 )	/	110.487	*	365
=	21.3535					/	110.487	*	365
=	70.54

Essential Energy Services's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (24.121	+	16.549)	/	2 )	/	21.506	*	365 / 4
=	20.335					/	21.506	*	365 / 4
=	86.28

Essential Energy Services (OTCPK:EEYUF) Days Sales Outstanding Explanation

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

Essential Energy Services Days Sales Outstanding Related Terms

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Essential Energy Services (Essential Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Essential Energy Services Ltd (OTCPK:EEYUF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.essentialenergy.ca

Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.