GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Ltd (NYSE:RIG) » Definitions » Days Sales Outstanding

Transocean (Transocean) Days Sales Outstanding

: 64.28 (As of Dec. 2023)
View and export this data going back to 1993. Start your Free Trial

Transocean's average Accounts Receivable for the three months ended in Dec. 2023 was $522 Mil. Transocean's Revenue for the three months ended in Dec. 2023 was $741 Mil. Hence, Transocean's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.28.

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

RIG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.25   Med: 75.56   Max: 95.44
Current: 65.76

During the past 13 years, Transocean's highest Days Sales Outstanding was 95.44. The lowest was 64.25. And the median was 75.56.

RIG's Days Sales Outstanding is ranked worse than
66.02% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs RIG: 65.76

Transocean's Days Sales Outstanding declined from Dec. 2022 (81.61) to Dec. 2023 (64.28).


Transocean Days Sales Outstanding Historical Data

The historical data trend for Transocean'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.

Transocean Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.35 71.62 76.76 69.24 64.25

Transocean 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 81.61 69.18 63.96 67.51 64.28

Competitive Comparison

For the Oil & Gas Drilling subindustry, Transocean'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.


Transocean Days Sales Outstanding Distribution

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

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



Transocean 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.

Transocean'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
=( (485 + 512) / 2 ) / 2832*365
=498.5 / 2832*365
=64.25

Transocean'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
=( (532 + 512) / 2 ) / 741*365 / 4
=522 / 741*365 / 4
=64.28

* 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.


Transocean  (NYSE:RIG) Days Sales Outstanding Explanation

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


Transocean Days Sales Outstanding Related Terms

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


Transocean (Transocean) Business Description

Industry
Traded in Other Exchanges
Address
Turmstrasse 30, Steinhausen, CHE, 6312
Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.
Executives
David A Tonnel officer: SVP and Corporate Controller 4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey officer: EVP & CFO 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr director 6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton director 12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson officer: President & COO 4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Frederik Wilhelm Mohn director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika director TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Jeremy D Thigpen director, officer: CEO
Howard E Davis officer: EVP, CAO & CIO 4 GREENWAY PLAZA, HOUSTON TX 77046
Brady K Long officer: EVP & General Counsel 5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane director TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Vincent J Intrieri director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160