Aker BP ASA (Aker BP ASA) Days Sales Outstanding

: 18.41 (As of Dec. 2023)

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Aker BP ASA's average Accounts Receivable for the three months ended in Dec. 2023 was $715 Mil. Aker BP ASA's Revenue for the three months ended in Dec. 2023 was $3,542 Mil. Hence, Aker BP ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.41.

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

AKRBF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.73 Med: 21.02 Max: 85.14
Current: 18.16

During the past 13 years, Aker BP ASA's highest Days Sales Outstanding was 85.14. The lowest was 12.73. And the median was 21.02.

AKRBF's Days Sales Outstanding is ranked better than
87.34% of 932 companies
in the Oil & Gas industry
Industry Median: 48.81 vs AKRBF: 18.16

Aker BP ASA's Days Sales Outstanding declined from Dec. 2022 (20.90) to Dec. 2023 (18.41).

Aker BP ASA Days Sales Outstanding Historical Data

The historical data trend for Aker BP ASA'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.

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Aker BP ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.47

31.26

21.51

18.65

21.63

Aker BP ASA 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															20.90	21.18	14.93	16.48	18.41

Competitive Comparison

For the Oil & Gas E&P subindustry, Aker BP ASA'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.

Aker BP ASA Days Sales Outstanding Distribution

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

* The bar in red indicates where Aker BP ASA's Days Sales Outstanding falls into.

Aker BP ASA 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.

Aker BP ASA'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
=	( (950.9	+	658.8)	/	2 )	/	13580	*	365
=	804.85					/	13580	*	365
=	21.63

Aker BP ASA'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
=	( (770.2	+	658.8)	/	2 )	/	3541.8	*	365 / 4
=	714.5					/	3541.8	*	365 / 4
=	18.41

Aker BP ASA (OTCPK:AKRBF) Days Sales Outstanding Explanation

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

Aker BP ASA Days Sales Outstanding Related Terms

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Aker BP ASA (Aker BP ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (OTCPK:AKRBF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AKRBY:USA AKERBPo:Sweden AKRBP:Norway AKRBPo:UK 0M5J:UK ARC:Germany

Address

Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366

Website

https://www.akerbp.com

Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.