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PGS ASA (PGS ASA) Days Sales Outstanding : 53.49 (As of Dec. 2023)


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What is PGS ASA Days Sales Outstanding?

PGS ASA's average Accounts Receivable for the three months ended in Dec. 2023 was $155.4 Mil. PGS ASA's Revenue for the three months ended in Dec. 2023 was $265.1 Mil. Hence, PGS ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.49.

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

PGEJF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.86   Med: 64.05   Max: 115.18
Current: 78.95

During the past 13 years, PGS ASA's highest Days Sales Outstanding was 115.18. The lowest was 50.86. And the median was 64.05.

PGEJF's Days Sales Outstanding is ranked worse than
75.43% of 936 companies
in the Oil & Gas industry
Industry Median: 48.86 vs PGEJF: 78.95

PGS ASA's Days Sales Outstanding declined from Dec. 2022 (64.01) to Dec. 2023 (53.49).


PGS ASA Days Sales Outstanding Historical Data

The historical data trend for PGS 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.

* Premium members only.

PGS ASA Days Sales Outstanding Chart

PGS ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.90 112.50 61.51 67.24 86.63

PGS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.01 110.44 91.31 79.15 53.49

Competitive Comparison of PGS ASA's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, PGS 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.


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

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

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



PGS 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.

PGS 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
=( (169.4 + 173.1) / 2 ) / 721.5*365
=171.25 / 721.5*365
=86.63

PGS 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
=( (137.7 + 173.1) / 2 ) / 265.1*365 / 4
=155.4 / 265.1*365 / 4
=53.49

* 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.


PGS ASA  (OTCPK:PGEJF) Days Sales Outstanding Explanation

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


PGS ASA Days Sales Outstanding Related Terms

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PGS ASA (PGS ASA) Business Description

Industry
Traded in Other Exchanges
Address
Lilleakerveien 4C, Oslo, NOR, 0283
PGS ASA provides images and 3D models of the subsurface beneath the ocean floor. Oil-market participants use PGS services to find oil and gas reserves. The company's complete line of products includes seismic, electromagnetic, and reservoir services, including acquisition, imaging, interpretation, and field evaluation. The majority of revenue is derived from the multiclient segment where it initiates and manages seismic surveys, which PGS acquires, processes, markets, and sells to multiple customers on a nonexclusive basis. Products and services are offered in offshore markets around the world. Geographically, the majority is derived from Norway.

PGS ASA (PGS ASA) Headlines

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