Advantage Energy (TSX:AAV) Days Sales Outstanding

: 30.14 (As of Dec. 2023)

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Advantage Energy's average Accounts Receivable for the three months ended in Dec. 2023 was C$49.4 Mil. Advantage Energy's Revenue for the three months ended in Dec. 2023 was C$149.6 Mil. Hence, Advantage Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.14.

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

TSX:AAV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.91 Med: 40.4 Max: 45.19
Current: 39.38

During the past 13 years, Advantage Energy's highest Days Sales Outstanding was 45.19. The lowest was 25.91. And the median was 40.40.

TSX:AAV's Days Sales Outstanding is ranked better than
60.77% of 933 companies
in the Oil & Gas industry
Industry Median: 48.88 vs TSX:AAV: 39.38

Advantage Energy's Days Sales Outstanding declined from Dec. 2022 (34.15) to Dec. 2023 (30.14).

Advantage Energy Days Sales Outstanding Historical Data

The historical data trend for Advantage Energy'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.

Advantage Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

39.07

41.06

28.56

25.91

45.19

Advantage Energy 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																34.15	44.38	45.82	33.28	30.14

Competitive Comparison

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

Advantage Energy Days Sales Outstanding Distribution

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

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

Advantage Energy 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.

Advantage Energy'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
=	( (87.047	+	49.604)	/	2 )	/	551.851	*	365
=	68.3255					/	551.851	*	365
=	45.19

Advantage Energy'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
=	( (49.229	+	49.604)	/	2 )	/	149.621	*	365 / 4
=	49.4165					/	149.621	*	365 / 4
=	30.14

Advantage Energy (TSX:AAV) Days Sales Outstanding Explanation

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

Advantage Energy Days Sales Outstanding Related Terms

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Advantage Energy (TSX:AAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Advantage Energy Ltd (TSX:AAV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AAVVF:USA 9SA0:Germany

Address

440 - 2nd Avenue SW, Suite 2200, Calgary, AB, CAN, T2P 5E9

Website

https://www.advantageog.com

Advantage Energy Ltd is a Canadian energy company primarily engaged in the extraction of natural gas and liquid resources. The company holds over 145,000 net acres of liquids-rich lands throughout Canada. Advantage Energy Ltd focuses on creating low-cost, low-emission Canadian energy for the world. The company sells crude and medium crude oil as well as conventional natural gas and liquid natural gas. Advantage Energy Ltd plans to grow by utilizing areas with high rate of return targets due to the presence of existing infrastructure capability.

Executives

John Larry Festival

Director

Advantage Energy (TSX:AAV) Headlines

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