Teekay (Teekay) Days Sales Outstanding : 33.99 (As of Dec. 2023)

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What is Teekay Days Sales Outstanding?

Teekay's average Accounts Receivable for the three months ended in Dec. 2023 was $126 Mil. Teekay's Revenue for the three months ended in Dec. 2023 was $339 Mil. Hence, Teekay's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.99.

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

TK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.79 Med: 53.82 Max: 83
Current: 36.18

During the past 13 years, Teekay's highest Days Sales Outstanding was 83.00. The lowest was 30.79. And the median was 53.82.

TK's Days Sales Outstanding is ranked better than
66.27% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs TK: 36.18

Teekay's Days Sales Outstanding increased from Dec. 2022 (27.34) to Dec. 2023 (33.99).

Teekay Days Sales Outstanding Historical Data

The historical data trend for Teekay'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.

Teekay Days Sales Outstanding Chart

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.53

54.57

54.22

30.79

32.22

Teekay 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															27.34	35.05	38.37	41.95	33.99

Competitive Comparison of Teekay's Days Sales Outstanding

For the Oil & Gas Midstream subindustry, Teekay'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.

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

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

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

Teekay 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.

Teekay'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
=	( (140.837	+	117.794)	/	2 )	/	1464.975	*	365
=	129.3155					/	1464.975	*	365
=	32.22

Teekay'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
=	( (134.88	+	117.794)	/	2 )	/	339.192	*	365 / 4
=	126.337					/	339.192	*	365 / 4
=	33.99

Teekay (NYSE:TK) Days Sales Outstanding Explanation

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

Teekay Days Sales Outstanding Related Terms

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Teekay (Teekay) Business Description

Industry

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

Comparable Companies

TNP NGL PBT OSG EE SMLP BROG NVGS DLNG MMLP TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TK:Mexico TCD:Germany TCD:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.