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CRK (Comstock Resources) Days Sales Outstanding : 34.10 (As of Mar. 2025)


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What is Comstock Resources Days Sales Outstanding?

Comstock Resources's average Accounts Receivable for the three months ended in Mar. 2025 was $192 Mil. Comstock Resources's Revenue for the three months ended in Mar. 2025 was $513 Mil. Hence, Comstock Resources's Days Sales Outstanding for the three months ended in Mar. 2025 was 34.10.

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

CRK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.13   Med: 49.04   Max: 86.47
Current: 42.17

During the past 13 years, Comstock Resources's highest Days Sales Outstanding was 86.47. The lowest was 39.13. And the median was 49.04.

CRK's Days Sales Outstanding is ranked better than
56.67% of 907 companies
in the Oil & Gas industry
Industry Median: 47.07 vs CRK: 42.17

Comstock Resources's Days Sales Outstanding declined from Mar. 2024 (49.38) to Mar. 2025 (34.10).


Comstock Resources Days Sales Outstanding Historical Data

The historical data trend for Comstock Resources'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.

Comstock Resources Days Sales Outstanding Chart

Comstock Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.35 40.78 39.13 86.47 59.15

Comstock Resources Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.38 53.09 46.61 41.17 34.10

Competitive Comparison of Comstock Resources's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Comstock Resources'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.


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

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

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


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Comstock Resources 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.

Comstock Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (231.43 + 174.846) / 2 ) / 1253.58*365
=203.138 / 1253.58*365
=59.15

Comstock Resources's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (174.846 + 208.506) / 2 ) / 512.854*365 / 4
=191.676 / 512.854*365 / 4
=34.10

* 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.


Comstock Resources  (NYSE:CRK) Days Sales Outstanding Explanation

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


Comstock Resources Days Sales Outstanding Related Terms

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


Comstock Resources Business Description

Traded in Other Exchanges
Address
5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034
Comstock Resources Inc is an independent natural gas producer operating in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas with superior economics given its geographical proximity to the Gulf Coast natural gas markets. The Company operates in one business segment, the exploration and production of North American natural gas and oil. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana and Texas.
Executives
Elizabeth B Davis director 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Arkoma Drilling, L.p. 10 percent owner 5950 BERKSHIRE LANE, SUITE 1400, DALLAS TX 75225
Blue Star Exploration Corp 10 percent owner ONE COWBOYS WAY, FRISCO TX 75034
Roland O Burns director, officer: Sr. VP & CFO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Brian Christopher Claunch officer: VP of Financial Reporting 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Patrick Mcgough officer: Vice President of Operations 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Jim L Turner director DEAN FOODS COMPANY, 2711 N. HASKELL AVE., SUITE 3400, DALLAS TX 75204
Morris E Foster director C/O EXXON MOBIL CORP, 5959 LAS COLINAS BLVD., IRVING TX 75039-2298
Newell Clifford Doyle Iii officer: VP of Corporate Development 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
M Jay Allison director, officer: Chairman & CEO 5300 TOWN AND COUNTY BLVD SUITE 500, FRISCO TX 75034
Kanaman Lori Ann Arendt officer: VP of Marketing 5300 TOWN & COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Stuart D Porter director, 10 percent owner 200 CLARENDON ST, 25TH FLOOR, BOSTON MA 02116
Russell W Romoser officer: VP of Reservoir Engineering 5300 TOWN AND COUNTRY BLVD., SUITE 500, FRISCO TX 75034
Ronald Eugene Mills officer: VP of Finance. and IR 5300 TOWN AND COUNTRY BLVD, SUITE 500, FRISCO TX 75034
Jordan Tatum Marye director 700 LOUISIANA STREET, SUITE 3700, HOUSTON TX 77002