Marksmen Energy (TSXV:MAH) Days Sales Outstanding : 65.18 (As of Sep. 2023)

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What is Marksmen Energy Days Sales Outstanding?

Marksmen Energy's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.11 Mil. Marksmen Energy's Revenue for the three months ended in Sep. 2023 was C$0.15 Mil. Hence, Marksmen Energy's Days Sales Outstanding for the three months ended in Sep. 2023 was 65.18.

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

TSXV:MAH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.73 Med: 85.36 Max: 157.75
Current: 59.6

During the past 13 years, Marksmen Energy's highest Days Sales Outstanding was 157.75. The lowest was 39.73. And the median was 85.36.

TSXV:MAH's Days Sales Outstanding is ranked worse than
60.75% of 935 companies
in the Oil & Gas industry
Industry Median: 48.53 vs TSXV:MAH: 59.60

Marksmen Energy's Days Sales Outstanding increased from Sep. 2022 (56.41) to Sep. 2023 (65.18).

Marksmen Energy Days Sales Outstanding Historical Data

The historical data trend for Marksmen 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.

Marksmen Energy Days Sales Outstanding Chart

Marksmen Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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94.32

39.73

46.99

63.07

59.27

Marksmen Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															56.41	65.90	53.75	62.49	65.18

Competitive Comparison of Marksmen Energy's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Marksmen 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.

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

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

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

Marksmen 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.

Marksmen Energy'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
=	( (0.225	+	0.166)	/	2 )	/	1.204	*	365
=	0.1955					/	1.204	*	365
=	59.27

Marksmen Energy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.137	+	0.073)	/	2 )	/	0.147	*	365 / 4
=	0.105					/	0.147	*	365 / 4
=	65.18

Marksmen Energy (TSXV:MAH) Days Sales Outstanding Explanation

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

Marksmen Energy Days Sales Outstanding Related Terms

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Marksmen Energy (TSXV:MAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (TSXV:MAH) » Definitions » Days Sales Outstanding

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MKSEF:USA

Address

400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 2Z1

Website

https://marksmenenergy.com

Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. The company's revenue is derived entirely through the sale of crude oil. Geographically, the group has a business presence in the United States and Canada.

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