Enerplus (Enerplus) Days Sales Outstanding

: 38.21 (As of Dec. 2023)

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Enerplus's average Accounts Receivable for the three months ended in Dec. 2023 was $174 Mil. Enerplus's Revenue for the three months ended in Dec. 2023 was $415 Mil. Hence, Enerplus's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.21.

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

ERF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.85 Med: 8.95 Max: 37.1
Current: 37.1

During the past 13 years, Enerplus's highest Days Sales Outstanding was 37.10. The lowest was 4.85. And the median was 8.95.

ERF's Days Sales Outstanding is ranked better than
64.91% of 932 companies
in the Oil & Gas industry
Industry Median: 48.81 vs ERF: 37.10

Enerplus's Days Sales Outstanding increased from Dec. 2022 (4.30) to Dec. 2023 (38.21).

Enerplus Days Sales Outstanding Historical Data

The historical data trend for Enerplus'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.

Enerplus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

9.74

11.88

5.57

4.97

7.89

Enerplus 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																4.30	27.49	59.78	53.98	38.21

Competitive Comparison

For the Oil & Gas E&P subindustry, Enerplus'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.

Enerplus Days Sales Outstanding Distribution

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

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

Enerplus 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.

Enerplus'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
=	( (35.019	+	38.256)	/	2 )	/	1694.333	*	365
=	36.6375					/	1694.333	*	365
=	7.89

Enerplus'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
=	( (308.891	+	38.256)	/	2 )	/	414.537	*	365 / 4
=	173.5735					/	414.537	*	365 / 4
=	38.21

Enerplus (NYSE:ERF) Days Sales Outstanding Explanation

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

Enerplus Days Sales Outstanding Related Terms

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Enerplus (Enerplus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerplus Corp (NYSE:ERF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

E17:Germany ERF:Canada

Address

3000, 333 - 7th Avenue S.W., The Dome Tower, Calgary, AB, CAN, T2P 2Z1

Website

https://www.enerplus.com

Enerplus Corp produces and develops crude oil and natural gas assets in Canada and the United States. The majority of oil production is derived from the Williston and Waterfloods basins, with the Marcellus providing a significant portion of natural gas production. Enerplus acquires the right to use assets through royalties paid to government entities, land owners and mineral rights owners. Crude oil and natural gas are sold to customers in both countries where assets are held and can be sold either at the well or a fixed destination.