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Equitrans Midstream (Equitrans Midstream) Days Sales Outstanding : 63.04 (As of Dec. 2023)


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What is Equitrans Midstream Days Sales Outstanding?

Equitrans Midstream's average Accounts Receivable for the three months ended in Dec. 2023 was $249 Mil. Equitrans Midstream's Revenue for the three months ended in Dec. 2023 was $361 Mil. Hence, Equitrans Midstream's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.04.

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

ETRN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.3   Med: 61.94   Max: 75.21
Current: 63.29

During the past 9 years, Equitrans Midstream's highest Days Sales Outstanding was 75.21. The lowest was 10.30. And the median was 61.94.

ETRN's Days Sales Outstanding is ranked worse than
63.6% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs ETRN: 63.29

Equitrans Midstream's Days Sales Outstanding increased from Dec. 2022 (61.37) to Dec. 2023 (63.04).


Equitrans Midstream Days Sales Outstanding Historical Data

The historical data trend for Equitrans Midstream'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.

Equitrans Midstream Days Sales Outstanding Chart

Equitrans Midstream Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 57.19 65.93 75.21 67.10 66.14

Equitrans Midstream 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 61.37 57.29 66.38 64.38 63.04

Competitive Comparison of Equitrans Midstream's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Equitrans Midstream'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.


Equitrans Midstream's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Equitrans Midstream's Days Sales Outstanding falls into.



Equitrans Midstream 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.

Equitrans Midstream'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
=( (246.887 + 258.264) / 2 ) / 1393.929*365
=252.5755 / 1393.929*365
=66.14

Equitrans Midstream'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
=( (240.006 + 258.264) / 2 ) / 360.609*365 / 4
=249.135 / 360.609*365 / 4
=63.04

* 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.


Equitrans Midstream  (NYSE:ETRN) Days Sales Outstanding Explanation

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


Equitrans Midstream Days Sales Outstanding Related Terms

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


Equitrans Midstream (Equitrans Midstream) Business Description

Traded in Other Exchanges
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.
Executives
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Kirk R Oliver officer: Sr VP & CFO 1601 BRYAN STREET, DALLAS TX 75201
Stephen M Moore officer: Sr VP & General Counsel 2200 ENERGY DRIVE, CANONSBURG PA 15317
Thomas F Karam officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Diana M Charletta officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Sarah Morrison Barpoulis director SOUTH JERSEY INDUSTRIES, 1 SOUTH JERSEY PLAZA, FOLSOM NJ 08037
D Mark Leland director 333 CLAY STREET, SUITE 2400, HOUSTON TX 77002
Margaret K Dorman director C/O SMITH INTERNATIONAL INC, PO BOX 60068, HOUSTON TX 77205
Brian P. Pietrandrea officer: Controller 2200 ENERGY DRIVE, CANONSBURG PA 15317
David L Porges director 700 UNIVERSE BLVD, C/O NEXTERA ENERGY, INC., JUNO BEACH FL 33408
Robert F Vagt director 5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
Norman J Szydlowski director 6120 S. YALE, SUITE 700, TULSA OK 74136

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