Empire Petroleum (Empire Petroleum) Days Sales Outstanding : 71.70 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Empire Petroleum Days Sales Outstanding?

Empire Petroleum's average Accounts Receivable for the three months ended in Dec. 2023 was $7.79 Mil. Empire Petroleum's Revenue for the three months ended in Dec. 2023 was $9.91 Mil. Hence, Empire Petroleum's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.70.

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

EP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.71 Med: 63.68 Max: 129.62
Current: 68.3

During the past 13 years, Empire Petroleum's highest Days Sales Outstanding was 129.62. The lowest was 34.71. And the median was 63.68.

EP's Days Sales Outstanding is ranked worse than
68.34% of 935 companies
in the Oil & Gas industry
Industry Median: 48.81 vs EP: 68.30

Empire Petroleum's Days Sales Outstanding increased from Dec. 2022 (56.97) to Dec. 2023 (71.70).

Empire Petroleum Days Sales Outstanding Historical Data

The historical data trend for Empire Petroleum'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.

Empire Petroleum Days Sales Outstanding Chart

Empire Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

34.71

68.11

59.25

53.15

73.36

Empire Petroleum 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															56.97	64.40	66.25	65.88	71.70

Competitive Comparison of Empire Petroleum's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Empire Petroleum'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.

Empire Petroleum's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Empire Petroleum's Days Sales Outstanding falls into.

Empire Petroleum 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.

Empire Petroleum'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
=	( (7.78	+	8.355)	/	2 )	/	40.142	*	365
=	8.0675					/	40.142	*	365
=	73.36

Empire Petroleum'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
=	( (7.226	+	8.355)	/	2 )	/	9.914	*	365 / 4
=	7.7905					/	9.914	*	365 / 4
=	71.70

Empire Petroleum (AMEX:EP) Days Sales Outstanding Explanation

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

Empire Petroleum Days Sales Outstanding Related Terms

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

Empire Petroleum (Empire Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Petroleum Corp (AMEX:EP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114

Website

http://www.empirepetroleumcorp.com

Empire Petroleum Corp is engaged in the exploration and development of oil and natural gas in the United States. All of the company's producing properties are located in Louisiana, Texas, North Dakota, and New Mexico. It generates revenue from Oil and Gas sales.

Executives

Marchive Benjamin J. Ii	director	1021 MAIN STREET, SUITE 2626, HOUSTON TX 77002-6516
Energy Evolution Master Fund, Ltd.	10 percent owner	25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
J Kevin Vann	officer: VP, Finance/Strategic Planning	ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Phil E Mulacek	10 percent owner	25025 I 45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Mason H. Matschke	director	25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Faulkner Stephen L Jr	officer: Controller and Chief Acctg Ofc	3500 ONE WILLIAMS CENTER, TULSA OK 74172
Eugene J Sweeney	officer: Chief Operating Officer	151 W BURTON PL, CHICAGO IL 60610
Michael R. Morrisett	10 percent owner	3803 S. TRENTON AVENUE, TULSA OK 74105-3324
Thomas W. Pritchard	officer: Chief Executive Officer	15798 SPYGLASS HILL LOOP, GAINESVILLE VA 20155
Andrew Lloyd Lewis	director	2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Angela M Baker	officer: Chief Accounting Officer	2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Puckett Land Co	10 percent owner	5460 S. QUEBEC ST., SUITE 250, GREENWOOD VILLAGE CO 80111
Tony Kamin	director, 10 percent owner	619 BLUFF STREET, GLENCOE IL 60022
Gary C Adams	10 percent owner	1437 S. BOULDER AVENUE, SUITE 930, TULSA OK 74119
Empire Petroleum Holdings, Llc	10 percent owner	3803 S. TRENTON AVENUE, TULSA OK 74105-3324

Empire Petroleum (Empire Petroleum) Headlines

From GuruFocus

Empire Petroleum Corp (EP) Reports Mixed Q3 2023 Results Amid Strategic Initiatives

By GuruFocus Research • 11-13-2023

Registration is Open for EnerCom Denver - The Energy Investment Conference, August 7-10, 2022 in Denver, Colorado

By PRNewswire PRNewswire • 05-03-2022