CJAX (CoJax Oil & Gas) Days Sales Outstanding : 53.95 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is CoJax Oil & Gas Days Sales Outstanding?

CoJax Oil & Gas's average Accounts Receivable for the three months ended in Jun. 2024 was $0.19 Mil. CoJax Oil & Gas's Revenue for the three months ended in Jun. 2024 was $0.32 Mil. Hence, CoJax Oil & Gas's Days Sales Outstanding for the three months ended in Jun. 2024 was 53.95.

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

CJAX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.54 Med: 113.96 Max: 177.38
Current: 84.13

During the past 6 years, CoJax Oil & Gas's highest Days Sales Outstanding was 177.38. The lowest was 50.54. And the median was 113.96.

CJAX's Days Sales Outstanding is not ranked
in the Oil & Gas industry.
Industry Median: 48.3 vs CJAX: 84.13

CoJax Oil & Gas's Days Sales Outstanding declined from Jun. 2023 (97.04) to Jun. 2024 (53.95).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

CoJax Oil & Gas Days Sales Outstanding Historical Data

The historical data trend for CoJax Oil & Gas'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.

CoJax Oil & Gas Days Sales Outstanding Chart

CoJax Oil & Gas Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

177.38

50.54

CoJax Oil & Gas Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															97.04	107.26	105.88	95.76	53.95

Competitive Comparison of CoJax Oil & Gas's Days Sales Outstanding

For the Oil & Gas E&P subindustry, CoJax Oil & Gas'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.

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

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

* The bar in red indicates where CoJax Oil & Gas's Days Sales Outstanding falls into.

CoJax Oil & Gas 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.

CoJax Oil & Gas'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
=	( (0.052	+	0.205)	/	2 )	/	0.928	*	365
=	0.1285					/	0.928	*	365
=	50.54

CoJax Oil & Gas's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2024 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (0.177	+	0.199)	/	2 )	/	0.318	*	365 / 4
=	0.188					/	0.318	*	365 / 4
=	53.95

CoJax Oil & Gas (OTCPK:CJAX) Days Sales Outstanding Explanation

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

CoJax Oil & Gas Days Sales Outstanding Related Terms

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

CoJax Oil & Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CoJax Oil & Gas Corp (OTCPK:CJAX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3033 Wilson Boulevard, Suite E-605, Arlington, VA, USA, 22201

Website

https://www.cojaxoilandgas.com

CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States.

Executives

Allan Bradley	director	539 JARVIS STREET, SUITE M2, TORONTO Z4 M4Y 2H7
Jeffrey J Guzy	director, 10 percent owner, officer: Chief Executive Officer	3130 19TH STREET, NORTH, ARLINGTON VA 22201
William Barrett Wellman	10 percent owner, officer: Chief Financial Officer	3130 19TH STREET, NORTH, ARLINGTON VA 22201
Roger Allums Mcleod	10 percent owner	1050 WOODLAND HILLS DRIVE, LAUREL MS 39440
Rosswood Capital, Llc	10 percent owner	1310 HOMEWOOD DRIVE, LAUREL MS 39440
Peter Biglane	10 percent owner	1310 HOMEWOOD DR., LAUREL MS 39440
Cojax Oil & Gas Corp	director, 10 percent owner, officer: Executive Chairman	3033 WILSON BLVD, SUITE E-605, ARLINGTON VA 22201

CoJax Oil & Gas Headlines

No Headlines