QEP Resources (QEP Resources) Days Sales Outstanding : 39.47 (As of Dec. 2020)

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What is QEP Resources Days Sales Outstanding?

QEP Resources's average Accounts Receivable for the three months ended in Dec. 2020 was $86.6 Mil. QEP Resources's Revenue for the three months ended in Dec. 2020 was $200.2 Mil. Hence, QEP Resources's Days Sales Outstanding for the three months ended in Dec. 2020 was 39.47.

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

QEP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.56 Med: 45.46 Max: 69.05
Current: 46.87

During the past 13 years, QEP Resources's highest Days Sales Outstanding was 69.05. The lowest was 22.56. And the median was 45.46.

QEP's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.99 vs QEP: 46.87

QEP Resources's Days Sales Outstanding increased from Dec. 2019 (30.15) to Dec. 2020 (39.47).

QEP Resources Days Sales Outstanding Historical Data

The historical data trend for QEP Resources'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.

QEP Resources Days Sales Outstanding Chart

QEP Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

Get a 7-Day Free Trial

57.50

33.25

23.07

32.18

49.76

QEP Resources Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Sales Outstanding	Get a 7-Day Free Trial															30.15	38.29	67.72	46.70	39.47

Competitive Comparison of QEP Resources's Days Sales Outstanding

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

QEP Resources's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

QEP Resources 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.

QEP Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (108.4	+	89.1)	/	2 )	/	724.4	*	365
=	98.75					/	724.4	*	365
=	49.76

QEP Resources's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

	Days Sales Outstanding (Q: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2020 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (84.1	+	89.1)	/	2 )	/	200.2	*	365 / 4
=	86.6					/	200.2	*	365 / 4
=	39.47

QEP Resources (NYSE:QEP) Days Sales Outstanding Explanation

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

QEP Resources Days Sales Outstanding Related Terms

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QEP Resources (QEP Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEP Resources Inc (NYSE:QEP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1050 17th Street, Suite 800, Denver, CO, USA, 80265

Website

http://www.qepres.com

QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

Executives

Joseph T Redman	officer: VP Energy	QEP RESOURCES, INC., 1050 17TH STREET SUITE 800 DENVER CO 80265
William J Buese	officer: VP, CFO & Treasurer	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Alice B Ley	officer: VP, Controller & CAO	1050 17TH STREET SUITE 800 DENVER CO 80265
Christopher K Woosley	officer: EVP, General Counsel & CS	1050 17TH STREET SUITE 800 DENVER CO 80265
Myles W Scoggins	director	1722 ILLINOIS STREET, GOLDEN CO 80401
Julie Dill	director	1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Michael J Minarovic	director	QEP RESOURCES, INC. 1050 17TH STREET, SUITE 800 DENVER CO 80265
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Robert Heinemann	director
Barth E Whitham	director	INTREPID POTASH, INC., 1001 17TH STREET, SUITE 1050, DENVER CO 80202
David A Trice	director	C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy J. Cutt	director, officer: President & CEO	3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134
Joseph N Jaggers	director
Richard J Doleshek	officer: EVP, CFO	1050 17TH STREET, SUITE 800 DENVER CO 80265
Jeffery R Tommerup	officer: SVP - Production & HSE	1050 17TH STREET SUITE 800 DENVER CO 80265