Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Days Sales Outstanding : 67.42 (As of Dec. 2023)

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What is Kimbell Royalty Partners LP Days Sales Outstanding?

Kimbell Royalty Partners LP's average Accounts Receivable for the three months ended in Dec. 2023 was $62.4 Mil. Kimbell Royalty Partners LP's Revenue for the three months ended in Dec. 2023 was $84.5 Mil. Hence, Kimbell Royalty Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.42.

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

KRP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.13 Med: 62.03 Max: 74.34
Current: 70.17

During the past 10 years, Kimbell Royalty Partners LP's highest Days Sales Outstanding was 74.34. The lowest was 44.13. And the median was 62.03.

KRP's Days Sales Outstanding is ranked worse than
70.24% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs KRP: 70.17

Kimbell Royalty Partners LP's Days Sales Outstanding declined from Dec. 2022 (69.38) to Dec. 2023 (67.42).

Kimbell Royalty Partners LP Days Sales Outstanding Historical Data

The historical data trend for Kimbell Royalty Partners 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.

Kimbell Royalty Partners LP Days Sales Outstanding Chart

Kimbell Royalty Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.25

74.18

58.03

56.83

74.34

Kimbell Royalty Partners 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															69.38	70.61	67.35	71.39	67.42

Competitive Comparison of Kimbell Royalty Partners LP's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Kimbell Royalty Partners 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.

Kimbell Royalty Partners LP's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kimbell Royalty Partners LP's Days Sales Outstanding falls into.

Kimbell Royalty Partners 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.

Kimbell Royalty Partners 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
=	( (50.557	+	60.72)	/	2 )	/	273.18	*	365
=	55.6385					/	273.18	*	365
=	74.34

Kimbell Royalty Partners 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
=	( (64.176	+	60.72)	/	2 )	/	84.522	*	365 / 4
=	62.448					/	84.522	*	365 / 4
=	67.42

Kimbell Royalty Partners LP (NYSE:KRP) Days Sales Outstanding Explanation

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

Kimbell Royalty Partners LP Days Sales Outstanding Related Terms

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Kimbell Royalty Partners LP (Kimbell Royalty Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kimbell Royalty Partners LP (NYSE:KRP) » Definitions » Days Sales Outstanding

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0R3:Germany

Address

777 Taylor Street, Suite 810, Fort Worth, TX, USA, 76102

Website

https://www.kimbellrp.com

Kimbell Royalty Partners LP owns and acquires mineral and royalty interests in oil and natural gas properties throughout the United States. The company's basins and producing regions include areas of interest in the Permian Basin, Mid-Continent, Terryville/Cotton Valley/Haynesville, Appalachian Basin, Eagle Ford, Bakken/Williston Basin, and DJ Basin/Rockies/Niobrara. Its revenues are derived from royalty payments received from operators based on the sale of oil, natural gas, and NGL production, as well as the sale of NGLs that are extracted from natural gas during processing.

Executives

T Scott Martin	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Blayne Rhynsburger	officer: Controller	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mitch S. Wynne	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Mb Minerals, L.p.	10 percent owner	800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Sabalo Midland Basin, Inc.	10 percent owner	800 NORTH SHORELINE BLVD., SUITE 900N, CORPUS CHRISTI TX 78401
Encap Energy Capital Fund Ix, L.p.	10 percent owner	9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Erik B Daugbjerg	director	3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Brett G. Taylor	director	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Pep I Holdings, Llc	10 percent owner	C/O ENCAP INVESTMENTS L.P., 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kkr Upstream Associates Llc	10 percent owner	C/O KKR, 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p.	10 percent owner	C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Robert D. Ravnaas	director, officer: Chief Executive Officer	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Peter Alcorn	officer: Vice President-Land	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Matthew S. Daly	officer: Senior V.P.-Corp. Development	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102
Robert Davis Ravnaas	officer: President and CFO	777 TAYLOR STREET, SUITE 810, FORT WORTH TX 76102