Canacol Energy (Canacol Energy) Days Sales Outstanding : 84.44 (As of Dec. 2023)

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What is Canacol Energy Days Sales Outstanding?

Canacol Energy's average Accounts Receivable for the three months ended in Dec. 2023 was $76.6 Mil. Canacol Energy's Revenue for the three months ended in Dec. 2023 was $82.8 Mil. Hence, Canacol Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.44.

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

CNNEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.61 Med: 88.62 Max: 113.82
Current: 92.06

During the past 13 years, Canacol Energy's highest Days Sales Outstanding was 113.82. The lowest was 74.61. And the median was 88.62.

CNNEF's Days Sales Outstanding is ranked worse than
81.22% of 937 companies
in the Oil & Gas industry
Industry Median: 48.71 vs CNNEF: 92.06

Canacol Energy's Days Sales Outstanding increased from Dec. 2022 (84.10) to Dec. 2023 (84.44).

Canacol Energy Days Sales Outstanding Historical Data

The historical data trend for Canacol 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.

Canacol Energy Days Sales Outstanding Chart

Canacol Energy Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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99.40

91.83

83.48

76.85

86.34

Canacol 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	Get a 7-Day Free Trial															84.10	94.75	102.43	92.26	84.44

Competitive Comparison of Canacol Energy's Days Sales Outstanding

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

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

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

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

Canacol 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.

Canacol 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
=	( (70	+	79.4)	/	2 )	/	315.803	*	365
=	74.7					/	315.803	*	365
=	86.34

Canacol 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
=	( (73.85	+	79.4)	/	2 )	/	82.806	*	365 / 4
=	76.625					/	82.806	*	365 / 4
=	84.44

Canacol Energy (OTCPK:CNNEF) Days Sales Outstanding Explanation

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

Canacol Energy Days Sales Outstanding Related Terms

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Canacol Energy (Canacol Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Canacol Energy Ltd (OTCPK:CNNEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3B6:Germany CNEC:Columbia CNE:Canada

Address

215 - 9 Avenue SW, Suite 2000, Calgary, AB, CAN, T2P 1K3

Website

https://www.canacolenergy.com

Canacol Energy Ltd is a natural gas and oil exploration and production company. The company operates in the Lower and Middle Magdalena Basins of Colombia.