Ensign Energy Services (Ensign Energy Services) Days Sales Outstanding : 60.73 (As of Dec. 2023)

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What is Ensign Energy Services Days Sales Outstanding?

Ensign Energy Services's average Accounts Receivable for the three months ended in Dec. 2023 was $214 Mil. Ensign Energy Services's Revenue for the three months ended in Dec. 2023 was $321 Mil. Hence, Ensign Energy Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.73.

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

ESVIF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.32 Med: 69 Max: 92.13
Current: 62.19

During the past 13 years, Ensign Energy Services's highest Days Sales Outstanding was 92.13. The lowest was 54.32. And the median was 69.00.

ESVIF's Days Sales Outstanding is ranked worse than
62.96% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs ESVIF: 62.19

Ensign Energy Services's Days Sales Outstanding declined from Dec. 2022 (62.51) to Dec. 2023 (60.73).

Ensign Energy Services Days Sales Outstanding Historical Data

The historical data trend for Ensign Energy Services'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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Ensign Energy Services Days Sales Outstanding Chart

Ensign Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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64.83

65.70

54.36

55.55

55.80

Ensign Energy Services 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															62.51	61.64	67.97	64.06	60.73

Competitive Comparison of Ensign Energy Services's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.

Ensign Energy Services's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

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

Ensign Energy Services 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.

Ensign Energy Services'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
=	( (217.509	+	190.821)	/	2 )	/	1335.545	*	365
=	204.165					/	1335.545	*	365
=	55.80

Ensign Energy Services'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
=	( (236.351	+	190.821)	/	2 )	/	320.915	*	365 / 4
=	213.586					/	320.915	*	365 / 4
=	60.73

Ensign Energy Services (OTCPK:ESVIF) Days Sales Outstanding Explanation

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

Ensign Energy Services Days Sales Outstanding Related Terms

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Ensign Energy Services (Ensign Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (OTCPK:ESVIF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

ENB:Germany ESI:Canada

Address

400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6

Website

https://www.ensignenergy.com

Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.