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EP (Empire Petroleum) Days Sales Outstanding : 66.31 (As of Dec. 2024)


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What is Empire Petroleum Days Sales Outstanding?

Empire Petroleum's average Accounts Receivable for the three months ended in Dec. 2024 was $7.33 Mil. Empire Petroleum's Revenue for the three months ended in Dec. 2024 was $10.09 Mil. Hence, Empire Petroleum's Days Sales Outstanding for the three months ended in Dec. 2024 was 66.31.

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

EP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.71   Med: 68.11   Max: 129.62
Current: 64.79

During the past 13 years, Empire Petroleum's highest Days Sales Outstanding was 129.62. The lowest was 34.71. And the median was 68.11.

EP's Days Sales Outstanding is ranked worse than
66.19% of 908 companies
in the Oil & Gas industry
Industry Median: 47.095 vs EP: 64.79

Empire Petroleum's Days Sales Outstanding declined from Dec. 2023 (71.70) to Dec. 2024 (66.31).

Empire Petroleum Days Sales Outstanding Historical Data

The historical data trend for Empire Petroleum'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.

Empire Petroleum Days Sales Outstanding Chart

Empire Petroleum 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 68.11 59.25 53.15 73.36 68.41

Empire Petroleum Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 71.70 69.67 57.29 63.96 66.31

Competitive Comparison of Empire Petroleum's Days Sales Outstanding

For the Oil & Gas E&P subindustry, Empire Petroleum'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.

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

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

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


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Empire Petroleum 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.

Empire Petroleum'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
=( (8.355 + 8.154) / 2 ) / 44.039*365
=8.2545 / 44.039*365
=68.41

Empire Petroleum's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (6.506 + 8.154) / 2 ) / 10.087*365 / 4
=7.33 / 10.087*365 / 4
=66.31

* 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.

Empire Petroleum  (AMEX:EP) Days Sales Outstanding Explanation

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

Empire Petroleum Days Sales Outstanding Related Terms

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

Empire Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empire Petroleum Corp (AMEX:EP) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
6W8:Germany
Address
2200 South Utica Place, Suite 150, Tulsa, OK, USA, 74114
Website
http://www.empirepetroleumcorp.com
Empire Petroleum Corp is a conventional oil and natural gas producer with a main focus in the US onshore. The company possesses long-life, mature, producing assets with slow decline profiles in the Permian Basin, Bakken region and central Gulf Coast region, in the states of New Mexico, North Dakota, Montana, Louisiana and Texas. It has production from operated and non-operated wells in Lea County in New Mexico, Bottineau, Renville, Burke, and McKenzie Counties in North Dakota, Richland County in Montana, St. Landry, Beauregard Parishes in Louisiana and Houston, Leon and Madison Counties in Texas.
Executives
Phil E Mulacek 10 percent owner 25025 I 45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Marchive Benjamin J. Ii director 1021 MAIN STREET, SUITE 2626, HOUSTON TX 77002-6516
Energy Evolution Master Fund, Ltd. 10 percent owner 25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
J Kevin Vann officer: VP, Finance/Strategic Planning ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Mason H. Matschke director 25025 I-45 NORTH, SUITE 420, THE WOODLANDS TX 77380
Faulkner Stephen L Jr officer: Controller and Chief Acctg Ofc 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Eugene J Sweeney officer: Chief Operating Officer 151 W BURTON PL, CHICAGO IL 60610
Michael R. Morrisett 10 percent owner 3803 S. TRENTON AVENUE, TULSA OK 74105-3324
Thomas W. Pritchard officer: Chief Executive Officer 15798 SPYGLASS HILL LOOP, GAINESVILLE VA 20155
Andrew Lloyd Lewis director 2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Angela M Baker officer: Chief Accounting Officer 2200 S. UTICA PLACE, SUITE 150, TULSA OK 74114
Puckett Land Co 10 percent owner 5460 S. QUEBEC ST., SUITE 250, GREENWOOD VILLAGE CO 80111
Tony Kamin director, 10 percent owner 619 BLUFF STREET, GLENCOE IL 60022
Gary C Adams 10 percent owner 1437 S. BOULDER AVENUE, SUITE 930, TULSA OK 74119
Empire Petroleum Holdings, Llc 10 percent owner 3803 S. TRENTON AVENUE, TULSA OK 74105-3324