Empire Energy Group (Empire Energy Group) Days Sales Outstanding : 87.47 (As of Dec. 2023)

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What is Empire Energy Group Days Sales Outstanding?

Empire Energy Group's average Accounts Receivable for the six months ended in Dec. 2023 was $0.92 Mil. Empire Energy Group's Revenue for the six months ended in Dec. 2023 was $1.91 Mil. Hence, Empire Energy Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 87.47.

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

EEGNY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.23 Med: 72.93 Max: 144.93
Current: 113.97

During the past 13 years, Empire Energy Group's highest Days Sales Outstanding was 144.93. The lowest was 49.23. And the median was 72.93.

EEGNY's Days Sales Outstanding is ranked worse than
86.11% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs EEGNY: 113.97

Empire Energy Group's Days Sales Outstanding declined from Dec. 2022 (99.23) to Dec. 2023 (87.47).

Empire Energy Group Days Sales Outstanding Historical Data

The historical data trend for Empire Energy Group'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.

Empire Energy Group Days Sales Outstanding Chart

Empire Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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148.40

119.84

109.70

81.38

132.06

Empire Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															97.39	121.31	99.23	121.61	87.47

Competitive Comparison of Empire Energy Group's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Empire Energy Group'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.

Empire Energy Group's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Empire Energy Group's Days Sales Outstanding falls into.

Empire Energy Group 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.

Empire Energy Group'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
=	( (2.005	+	0.943)	/	2 )	/	4.074	*	365
=	1.474					/	4.074	*	365
=	132.06

Empire Energy Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.887	+	0.943)	/	2 )	/	1.909	*	365 / 2
=	0.915					/	1.909	*	365 / 2
=	87.47

Empire Energy Group (OTCPK:EEGNY) Days Sales Outstanding Explanation

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

Empire Energy Group Days Sales Outstanding Related Terms

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Empire Energy Group (Empire Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Energy Group Ltd (OTCPK:EEGNY) » Definitions » Days Sales Outstanding

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EEG:Australia

Address

6-10 O'Connell Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://empireenergygroup.net

Empire Energy Group Ltd is an oil and gas exploration and production company focused on onshore long-life oil & gas fields, in the USA. The progression of exploration & appraisal work programs in its wholly-owned and operated exploration tenements & applications located in the high petroleum-prospective Northern Territory McArthur Basin (including the Beetaloo Sub-Basin). It sells oil and gas products to owners of domestic pipelines, utilities, and refiners located in Pennsylvania and New York. It operates in three segments- United States Operations, Northern Territory, and corporate. The majority is derived from United States operations segment, which includes all oil and gas operations located in the USA. Revenue is derived from the sale of oil and gas and the operation of wells.

Empire Energy Group (Empire Energy Group) Headlines

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