Matador Resources Co (Matador Resources Co) Days Sales Outstanding

: 50.18 (As of Dec. 2023)

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Matador Resources Co's average Accounts Receivable for the three months ended in Dec. 2023 was $458 Mil. Matador Resources Co's Revenue for the three months ended in Dec. 2023 was $832 Mil. Hence, Matador Resources Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.18.

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

MTDR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.59 Med: 52.81 Max: 63.22
Current: 54.67

During the past 13 years, Matador Resources Co's highest Days Sales Outstanding was 63.22. The lowest was 32.59. And the median was 52.81.

MTDR's Days Sales Outstanding is ranked worse than
56.16% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs MTDR: 54.67

Matador Resources Co's Days Sales Outstanding declined from Dec. 2022 (51.50) to Dec. 2023 (50.18).

Matador Resources Co Days Sales Outstanding Historical Data

The historical data trend for Matador Resources Co'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.

Matador Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.98

60.33

32.59

35.31

54.64

Matador Resources Co 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																51.50	62.58	55.40	53.16	50.18

Competitive Comparison

For the Oil & Gas E&P subindustry, Matador Resources Co'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.

Matador Resources Co Days Sales Outstanding Distribution

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

* The bar in red indicates where Matador Resources Co's Days Sales Outstanding falls into.

Matador Resources Co 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.

Matador Resources Co'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
=	( (405.807	+	437.852)	/	2 )	/	2817.621	*	365
=	421.8295					/	2817.621	*	365
=	54.64

Matador Resources Co'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
=	( (477.569	+	437.852)	/	2 )	/	832.27	*	365 / 4
=	457.7105					/	832.27	*	365 / 4
=	50.18

Matador Resources Co (NYSE:MTDR) Days Sales Outstanding Explanation

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

Matador Resources Co Days Sales Outstanding Related Terms

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Matador Resources Co (Matador Resources Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Matador Resources Co (NYSE:MTDR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7MR:Germany 7MR:Germany

Address

5400 LBJ Freeway, Suite 1500, One Lincoln Centre, Dallas, TX, USA, 75240

Website

https://www.matadorresources.com

Matador Resources Co is an independent energy company engaged in the exploration, development, production, and acquisition of oil and natural gas resources. The majority of the company's assets are located in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Along with maintaining a portfolio of oil and natural gas properties, Matador works to identify and develop midstream opportunities that support and enhance its exploration and development business. The company often uses advanced formation evaluation, 3-D seismic technology, horizontal drilling, and hydraulic fracturing technology to enhance the development of the basins in which it operates.

Executives

Shelley F Appel	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert T Macalik	officer: VP, Chief Accounting Officer	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Timothy E. Parker	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Robert Gaines Baty	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Joseph Wm Foran	director, officer: Chairman, CEO and President	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William M Byerley	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Monika U Ehrman	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Billy E Goodwin	officer: SVP - Operations	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
William Thomas Elsener	officer: EVP, Reservoir Engineering	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Reynald Baribault	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Michael D Frenzel	officer: SVP, Treasurer (PFO)	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Brian J Willey	officer: SVP, President of Midstream	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig N Adams	officer: VP and General Counsel	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
James M Howard	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240
Craig T Burkert	director	5400 LBJ FREEWAY, SUITE 1500, DALLAS TX 75240