GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProPetro Holding Corp (NYSE:PUMP) » Definitions » Days Sales Outstanding

ProPetro Holding (ProPetro Holding) Days Sales Outstanding

: 65.30 (As of Dec. 2023)
View and export this data going back to 2017. Start your Free Trial

ProPetro Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $249 Mil. ProPetro Holding's Revenue for the three months ended in Dec. 2023 was $348 Mil. Hence, ProPetro Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.30.

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

PUMP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.92   Med: 50.7   Max: 85.82
Current: 56.19

During the past 9 years, ProPetro Holding's highest Days Sales Outstanding was 85.82. The lowest was 36.92. And the median was 50.70.

PUMP's Days Sales Outstanding is ranked worse than
57.66% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs PUMP: 56.19

ProPetro Holding's Days Sales Outstanding increased from Dec. 2022 (55.76) to Dec. 2023 (65.30).


ProPetro Holding Days Sales Outstanding Historical Data

The historical data trend for ProPetro Holding'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.

ProPetro Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.92 68.55 44.32 49.07 50.70

ProPetro Holding 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.76 54.51 56.73 55.10 65.30

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, ProPetro Holding'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.


ProPetro Holding Days Sales Outstanding Distribution

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

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



ProPetro Holding 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.

ProPetro Holding'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
=( (215.925 + 237.012) / 2 ) / 1630.399*365
=226.4685 / 1630.399*365
=50.70

ProPetro Holding'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
=( (260.757 + 237.012) / 2 ) / 347.776*365 / 4
=248.8845 / 347.776*365 / 4
=65.30

* 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.


ProPetro Holding  (NYSE:PUMP) Days Sales Outstanding Explanation

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


ProPetro Holding Days Sales Outstanding Related Terms

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


ProPetro Holding (ProPetro Holding) Business Description

Traded in Other Exchanges
Address
1706 South Midkiff, Midland, TX, USA, 79701
ProPetro Holding Corp is a Texas-based oilfield services company. It provides hydraulic fracturing, wireline, and other complementary services to oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. The company focused on Permian Basin. The operating segment of the company are Hydraulic Fracturing, Cementing, Coiled Tubing, drilling and flowback.
Executives
Michele Vion Choka director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Phillip A Gobe director, officer: Executive Chairman 777 HIDDEN RIDGE, IRVING TX 75038
Elo Omavuezi officer: Chief Accounting Officer 1706 S. MIDKIFF ROAD, MIDLAND TX 79701
Adam Munoz officer: Senior VP of Operations 1706 S. MIDKIFF ROAD, MIDLAND TX 79701
G Larry Lawrence director C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701
David Scott Schorlemer officer: Chief Financial Officer 16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084
Mary P Ricciardello director 2925 BRIARPARK, SUITE 1050, HOUSTON TX 77042
John J Mitchell officer: Gen. Counsel & Corp. Secretary 1706 S. MIDKIFF, MIDLAND TX 79701
Armour Spencer D Iii director 400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701
Wilson Newton W Iii officer: Gen. Counsel & Corp. Secretary C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Samuel D Sledge officer: Chief Strategy & Admin Officer 1706 S. MIDKIFF ROAD, MIDLAND TX 79701
Mark Stephen Berg director 777 HIDDEN RIDGE, IRVING TX 75038
Darin G Holderness officer: Interim CFO 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Anthony James Best director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Royce Mitchell director 777 HIDDEN RIDGE, IRVING TX 75038