FET has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FET has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Forum Energy Technologies's average Accounts Receivable for the three months ended in Sep. 2024 was $163.7 Mil. Forum Energy Technologies's Revenue for the three months ended in Sep. 2024 was $207.8 Mil. Hence, Forum Energy Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 71.87.
The historical rank and industry rank for Forum Energy Technologies's Days Sales Outstanding or its related term are showing as below:
During the past 13 years, Forum Energy Technologies's highest Days Sales Outstanding was 83.61. The lowest was 56.37. And the median was 71.24.
Forum Energy Technologies's Days Sales Outstanding declined from Sep. 2023 (83.20) to Sep. 2024 (71.87).
The historical data trend for Forum Energy Technologies'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.
Forum Energy Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Sales Outstanding | Get a 7-Day Free Trial | 68.73 | 83.61 | 68.98 | 72.53 | 74.35 |
Forum Energy Technologies Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Days Sales Outstanding | Get a 7-Day Free Trial | 83.20 | 75.03 | 69.60 | 72.53 | 71.87 |
For the Oil & Gas Equipment & Services subindustry, Forum Energy Technologies'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.
For the Oil & Gas industry and Energy sector, Forum Energy Technologies's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Forum Energy Technologies's Days Sales Outstanding falls into.
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.
Forum Energy Technologies'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 |
= | ( (154.247 | + | 146.747) | / | 2 ) | / | 738.864 | * | 365 |
= | 150.497 | / | 738.864 | * | 365 | ||||
= | 74.35 |
Forum Energy Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding (Q: Sep. 2024 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Jun. 2024 ) | + | Accounts Receivable (A: Sep. 2024 )) | / | count ) | / | Revenue (A: Sep. 2024 ) | * | Days in Period |
= | ( (164.247 | + | 163.084) | / | 2 ) | / | 207.806 | * | 365 / 4 |
= | 163.6655 | / | 207.806 | * | 365 / 4 | ||||
= | 71.87 |
* 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.
Forum Energy Technologies (NYSE:FET) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Thank you for viewing the detailed overview of Forum Energy Technologies's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Neal Lux | officer: SVP Operations | 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064 |
John C Ivascu | officer: SVP and General Counsel | 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024 |
C Christopher Gaut | director, officer: President, CEO & COB | 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010 |
Katherine Campbell Keller | officer: VP PAO | 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064 |
Scf Partners, Inc. | 10 percent owner, other: Member of Group | 600 TRAVIS STE 6600, HOUSTON TX 77002 |
Rowsey Paul E Iii | director | CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102 |
Emily Reichert | director | 10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064 |
Evelyn M Angelle | director | 10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072 |
David C Baldwin | director | 11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079 |
Andrew L Waite | director | |
Michael Dewayne Danford | officer: VP - Human Resources | 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032 |
John Mcelroy | officer: Principal Accounting Officer | 10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064 |
Scf Gp Llc | 10 percent owner | 600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002 |
Prady Iyyanki | officer: EVP & Chief Operating Officer | 920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024 |
James Whelan Harris | officer: SVP & CFO | 920 MEMORIAL CITY WAY, STE. 800, HOUSTON TX 77024 |
From GuruFocus
By GuruFocus News • 10-31-2024
By Business Wire • 08-15-2024
By GuruFocus Research • 08-16-2024
By GuruFocus Research • 05-04-2024
By Business Wire • 10-08-2024
By Business Wire • 07-17-2024
By GuruFocus Research • 05-03-2024
By GuruFocus News • 11-02-2024
By GuruFocus News • 10-09-2024
By GuruFocus News • 10-09-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.