Archer (OSL:ARCH) Days Sales Outstanding : 46.28 (As of Dec. 2023)

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What is Archer Days Sales Outstanding?

Archer's average Accounts Receivable for the three months ended in Dec. 2023 was kr1,632 Mil. Archer's Revenue for the three months ended in Dec. 2023 was kr3,219 Mil. Hence, Archer's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.28.

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

OSL:ARCH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.95 Med: 50.25 Max: 81.29
Current: 43.77

During the past 13 years, Archer's highest Days Sales Outstanding was 81.29. The lowest was 30.95. And the median was 50.25.

OSL:ARCH's Days Sales Outstanding is ranked better than
55.28% of 937 companies
in the Oil & Gas industry
Industry Median: 48.81 vs OSL:ARCH: 43.77

Archer's Days Sales Outstanding increased from Dec. 2022 (37.81) to Dec. 2023 (46.28).

Archer Days Sales Outstanding Historical Data

The historical data trend for Archer'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.

Archer Days Sales Outstanding Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.61

38.51

30.95

32.23

34.33

Archer 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															37.81	40.04	47.14	50.60	46.28

Competitive Comparison of Archer's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Archer'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.

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

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

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

Archer 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.

Archer'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
=	( (914.897	+	1405.18)	/	2 )	/	12335.413	*	365
=	1160.0385					/	12335.413	*	365
=	34.33

Archer'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
=	( (1859.663	+	1405.18)	/	2 )	/	3218.622	*	365 / 4
=	1632.4215					/	3218.622	*	365 / 4
=	46.28

Archer (OSL:ARCH) Days Sales Outstanding Explanation

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

Archer Days Sales Outstanding Related Terms

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Archer (OSL:ARCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OSL:ARCH) » Definitions » Days Sales Outstanding

Comparable Companies

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ARHVF:USA ARCHERo:Sweden

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.