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GuruFocus has detected 8 Warning Signs with Statoil ASA $FRA:DNQA.
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Statoil ASA (FRA:DNQA)
Days Sales Outstanding
41.21 (As of Mar. 2017)

Statoil ASA's account receivable for the three months ended in Mar. 2017 was €6,557 Mil. Statoil ASA's revenue for the three months ended in Mar. 2017 was €14,519 Mil. Hence, Statoil ASA's days sales outstanding for the three months ended in Mar. 2017 was 41.21.

FRA:DNQA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.32   Max: 50.51
Current: 50.51

27.32
50.51

During the past 13 years, Statoil ASA's highest Days Sales Outstanding was 50.51. The lowest was 27.32. And the median was 38.63.

FRA:DNQA's Days Sales Outstanding is ranked lower than
61% of the 59 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 39.27 vs. FRA:DNQA: 50.51 )

Statoil ASA's days sales outstanding declined from Mar. 2016 (61.96) to Mar. 2017 (41.21).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Statoil ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=5217.55616646/43485.6384491*365
=43.79

Statoil ASA's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=6557.26975222/14518.9340813*365 / 4
=41.21

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Statoil ASA Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 43.3338.9138.3443.5247.1228.1037.3328.5927.3243.79

Statoil ASA Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysSalesOutstanding 49.8157.0549.7449.5946.4961.9649.3645.1239.3741.21
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