Seadrill (Seadrill) Days Sales Outstanding : 49.87 (As of Dec. 2023)

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What is Seadrill Days Sales Outstanding?

Seadrill's average Accounts Receivable for the three months ended in Dec. 2023 was $223 Mil. Seadrill's Revenue for the three months ended in Dec. 2023 was $408 Mil. Hence, Seadrill's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.87.

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

SDRL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.62 Med: 51.04 Max: 56.94
Current: 44.67

During the past 5 years, Seadrill's highest Days Sales Outstanding was 56.94. The lowest was 43.62. And the median was 51.04.

SDRL's Days Sales Outstanding is ranked better than
53.96% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs SDRL: 44.67

Seadrill's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (49.87).

Seadrill Days Sales Outstanding Historical Data

The historical data trend for Seadrill'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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Seadrill Days Sales Outstanding Chart

Seadrill Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

45.49

56.59

56.94

43.62

Seadrill Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							-	43.91	37.03	48.60	49.87

Competitive Comparison of Seadrill's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Seadrill'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.

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

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

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

Seadrill 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.

Seadrill'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
=	( (137	+	222)	/	2 )	/	1502	*	365
=	179.5					/	1502	*	365
=	43.62

Seadrill'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
=	( (224	+	222)	/	2 )	/	408	*	365 / 4
=	223					/	408	*	365 / 4
=	49.87

Seadrill (NYSE:SDRL) Days Sales Outstanding Explanation

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

Seadrill Days Sales Outstanding Related Terms

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Seadrill (Seadrill) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seadrill Ltd (NYSE:SDRL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SDRLo:Sweden SDRL:Norway SDRMo:UK P4F:Germany

Address

566 Chiswick High Road, Chiswick Business Park, Building 11, 2nd Floor, London, GBR, W4 5YS

Website

https://www.seadrill.com

Seadrill Ltd is an offshore drilling contractor company. It engages in providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. It has three segments Harsh environment, Floaters and Jackups.