Plains GP Holdings LP (Plains GP Holdings LP) Days Sales Outstanding : 28.79 (As of Dec. 2023)

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What is Plains GP Holdings LP Days Sales Outstanding?

Plains GP Holdings LP's average Accounts Receivable for the three months ended in Dec. 2023 was $4,007 Mil. Plains GP Holdings LP's Revenue for the three months ended in Dec. 2023 was $12,698 Mil. Hence, Plains GP Holdings LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.79.

The historical rank and industry rank for Plains GP Holdings LP's Days Sales Outstanding or its related term are showing as below:

PAGP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.25 Med: 32.19 Max: 48.32
Current: 28.64

During the past 13 years, Plains GP Holdings LP's highest Days Sales Outstanding was 48.32. The lowest was 26.25. And the median was 32.19.

PAGP's Days Sales Outstanding is ranked better than
78.59% of 934 companies
in the Oil & Gas industry
Industry Median: 48.81 vs PAGP: 28.64

Plains GP Holdings LP's Days Sales Outstanding increased from Dec. 2022 (28.21) to Dec. 2023 (28.79).

Plains GP Holdings LP Days Sales Outstanding Historical Data

The historical data trend for Plains GP Holdings LP'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.

Plains GP Holdings LP Days Sales Outstanding Chart

Plains GP Holdings LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.89

48.32

31.48

27.41

28.72

Plains GP Holdings LP 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															28.21	29.11	28.27	28.25	28.79

Competitive Comparison of Plains GP Holdings LP's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Plains GP Holdings LP'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.

Plains GP Holdings LP's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains GP Holdings LP's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Plains GP Holdings LP's Days Sales Outstanding falls into.

Plains GP Holdings LP 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.

Plains GP Holdings LP'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
=	( (3907	+	3760)	/	2 )	/	48712	*	365
=	3833.5					/	48712	*	365
=	28.72

Plains GP Holdings LP'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
=	( (4253	+	3760)	/	2 )	/	12698	*	365 / 4
=	4006.5					/	12698	*	365 / 4
=	28.79

Plains GP Holdings LP (NAS:PAGP) Days Sales Outstanding Explanation

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

Plains GP Holdings LP Days Sales Outstanding Related Terms

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

Plains GP Holdings LP (Plains GP Holdings LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plains GP Holdings LP (NAS:PAGP) » Definitions » Days Sales Outstanding

Comparable Companies

STNG CEQP HEP GLNG INSW ETRN NS VNOM HESM KNTK TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

333 Clay Street, Suite 1600, Houston, TX, USA, 77002

Website

https://www.plains.com

Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.

Executives

Willie Cw Chiang	director, officer: Chairman & CEO	370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel	officer: EVP & CCO	333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis	director	12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen	director	210 HEDWIG, HOUSTON TX 77019
Victor Burk	director	C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba	director	600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond	director	THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls	director	5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple	director	3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc	director, See Remarks	1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott	director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong	director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis	officer: President & COO	333 CLAY STREET, STE 1600, HOUSTON TX 77002