TechnipFMC (WBO:FTI) Days Sales Outstanding : 54.71 (As of Dec. 2023)

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What is TechnipFMC Days Sales Outstanding?

TechnipFMC's average Accounts Receivable for the three months ended in Dec. 2023 was €1,142 Mil. TechnipFMC's Revenue for the three months ended in Dec. 2023 was €1,905 Mil. Hence, TechnipFMC's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.71.

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

WBO:FTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.8 Med: 57.79 Max: 124.91
Current: 53.78

During the past 13 years, TechnipFMC's highest Days Sales Outstanding was 124.91. The lowest was 35.80. And the median was 57.79.

WBO:FTI's Days Sales Outstanding is ranked worse than
54.5% of 934 companies
in the Oil & Gas industry
Industry Median: 48.845 vs WBO:FTI: 53.78

TechnipFMC's Days Sales Outstanding declined from Dec. 2022 (56.24) to Dec. 2023 (54.71).

TechnipFMC Days Sales Outstanding Historical Data

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

TechnipFMC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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123.39

97.58

52.13

49.61

49.75

TechnipFMC 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															56.24	55.96	54.35	55.73	54.71

Competitive Comparison of TechnipFMC's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, TechnipFMC'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.

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

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

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

TechnipFMC 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.

TechnipFMC'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
=	( (912.376	+	1043.638)	/	2 )	/	7174.791	*	365
=	978.007					/	7174.791	*	365
=	49.75

TechnipFMC'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
=	( (1240.963	+	1043.638)	/	2 )	/	1905.251	*	365 / 4
=	1142.3005					/	1905.251	*	365 / 4
=	54.71

TechnipFMC (WBO:FTI) Days Sales Outstanding Explanation

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

TechnipFMC Days Sales Outstanding Related Terms

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TechnipFMC (WBO:FTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TechnipFMC PLC (WBO:FTI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FTI:USA 1T1:Germany T1EC34:Brazil

Address

13460 Lockwood Road, Houston, TX, USA, 77044

Website

https://www.technipfmc.com

TechnipFMC is the largest pure-play offshore service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.