Coil Tubing Technology (Coil Tubing Technology) Days Sales Outstanding : 209.17 (As of Sep. 2015)

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What is Coil Tubing Technology Days Sales Outstanding?

Coil Tubing Technology's average Accounts Receivable for the three months ended in Sep. 2015 was $1.03 Mil. Coil Tubing Technology's Revenue for the three months ended in Sep. 2015 was $0.45 Mil. Hence, Coil Tubing Technology's Days Sales Outstanding for the three months ended in Sep. 2015 was 209.17.

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

CTBG's Days Sales Outstanding is not ranked ^*
in the Oil & Gas industry.
Industry Median: 48.8
* Ranked among companies with meaningful Days Sales Outstanding only.

Coil Tubing Technology's Days Sales Outstanding increased from Sep. 2014 (87.87) to Sep. 2015 (209.17).

Coil Tubing Technology Days Sales Outstanding Historical Data

The historical data trend for Coil Tubing Technology'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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Coil Tubing Technology Days Sales Outstanding Chart

Coil Tubing Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Days Sales Outstanding

104.14

80.10

109.98

105.71

Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Sales Outstanding	Get a 7-Day Free Trial											87.87	112.85	144.73	155.40	209.17

Competitive Comparison of Coil Tubing Technology's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.

Coil Tubing Technology's Days Sales Outstanding Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Coil Tubing Technology's Days Sales Outstanding falls into.

Coil Tubing Technology 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.

Coil Tubing Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

	Days Sales Outstanding (A: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (1.875	+	2.102)	/	2 )	/	6.866	*	365
=	1.9885					/	6.866	*	365
=	105.71

Coil Tubing Technology's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

	Days Sales Outstanding (Q: Sep. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2015 )	+	Accounts Receivable (A: Sep. 2015 ))	/	count )	/	Revenue (A: Sep. 2015 )	*	Days in Period
=	( (1.43	+	0.633)	/	2 )	/	0.45	*	365 / 4
=	1.0315					/	0.45	*	365 / 4
=	209.17

Coil Tubing Technology (OTCPK:CTBG) Days Sales Outstanding Explanation

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

Coil Tubing Technology Days Sales Outstanding Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coil Tubing Technology Inc (OTCPK:CTBG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

22305 Gosling Road, Spring, TX, USA, 77389

Website

http://www.coiltubingtechnology.com

Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

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