Vantage Drilling International (Vantage Drilling International) Days Sales Outstanding

: 75.55 (As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

Vantage Drilling International's average Accounts Receivable for the three months ended in Jun. 2023 was $89.3 Mil. Vantage Drilling International's Revenue for the three months ended in Jun. 2023 was $107.8 Mil. Hence, Vantage Drilling International's Days Sales Outstanding for the three months ended in Jun. 2023 was 75.55.

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

VTDRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.97 Med: 67.13 Max: 102.46
Current: 86.08

During the past 13 years, Vantage Drilling International's highest Days Sales Outstanding was 102.46. The lowest was 17.97. And the median was 67.13.

VTDRF's Days Sales Outstanding is ranked worse than
79.01% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs VTDRF: 86.08

Vantage Drilling International's Days Sales Outstanding declined from Jun. 2022 (81.07) to Jun. 2023 (75.55).

Vantage Drilling International Days Sales Outstanding Historical Data

The historical data trend for Vantage Drilling International'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.

Vantage Drilling International Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

59.67

17.97

102.46

71.71

65.68

Vantage Drilling International Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															81.07	96.59	80.00	93.68	75.55

Competitive Comparison

For the Oil & Gas Drilling subindustry, Vantage Drilling International'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.

Vantage Drilling International Days Sales Outstanding Distribution

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

* The bar in red indicates where Vantage Drilling International's Days Sales Outstanding falls into.

Vantage Drilling International 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.

Vantage Drilling International's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (37.527	+	62.776)	/	2 )	/	278.716	*	365
=	50.1515					/	278.716	*	365
=	65.68

Vantage Drilling International's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (95.468	+	83.109)	/	2 )	/	107.84	*	365 / 4
=	89.2885					/	107.84	*	365 / 4
=	75.55

Vantage Drilling International (OTCPK:VTDRF) Days Sales Outstanding Explanation

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

Vantage Drilling International Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vantage Drilling International's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Vantage Drilling International (Vantage Drilling International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vantage Drilling International (OTCPK:VTDRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Vantage Energy Services, Inc., 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056

Website

https://www.vantagedrilling.com

Vantage Drilling International is an offshore drilling contractor. It operates and manages a fleet of drilling units. Its principal business is to contract drilling units, related equipment, and work crews on a day rate basis to drill oil and natural gas wells. Its rig fleet consists of ultra-deep-water drillships, including Platinum Explorer and Tungsten Explorer; and Jackups, including Topaz Driller and Soehanah. The company's geographical segments includes Drilling Services and Managed Services. It operates in Cayman Islands, Montenegro, Qatar, India, Indonesia, Lebanon, Congo, and Other Countries.

Vantage Drilling International (Vantage Drilling International) Headlines

From GuruFocus

US Indexes Post Second Consecutive Week of Gains

By Julie Young • 10-15-2021

Growth Continues For Vantage Drilling

By Faisal Humayun Faisal Humayun • 08-18-2014

Vantage Drilling: Modern Fleet Offers High Growth Prospects

By Subia Khan Value Investor • 06-23-2014

Vantage Drilling: Undervalued Stock with Strong Growth Prospects

By Faisal Humayun Faisal Humayun • 04-07-2014

Vantage Drilling Is A Value Buy

By Faisal Humayun Faisal Humayun • 11-17-2014