Tallgrass Energy (FRA:TGV) Days Sales Outstanding : 34.75 (As of Dec. 2012)

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What is Tallgrass Energy Days Sales Outstanding?

Tallgrass Energy's average Accounts Receivable for the six months ended in Dec. 2012 was €0.46 Mil. Tallgrass Energy's Revenue for the six months ended in Dec. 2012 was €4.85 Mil. Hence, Tallgrass Energy's Days Sales Outstanding for the six months ended in Dec. 2012 was 17.37.

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

FRA:TGV'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.

Tallgrass Energy's Days Sales Outstanding declined from Dec. 2010 (262.77) to Dec. 2012 (34.75).

Tallgrass Energy Days Sales Outstanding Historical Data

The historical data trend for Tallgrass 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.

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Tallgrass Energy Days Sales Outstanding Chart

Tallgrass Energy Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Days Sales Outstanding

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397.59

148.07

262.77

26.91

34.75

Tallgrass Energy Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12
Days Sales Outstanding	Get a 7-Day Free Trial				397.59	148.07	262.77	26.91	34.75

Competitive Comparison of Tallgrass Energy's Days Sales Outstanding

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

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

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

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

Tallgrass 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.

Tallgrass Energy's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as

	Days Sales Outstanding (A: Dec. 2012 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2011 )	+	Accounts Receivable (A: Dec. 2012 ))	/	count )	/	Revenue (A: Dec. 2012 )	*	Days in Period
=	( (0.29	+	0.633)	/	2 )	/	4.848	*	365
=	0.4615					/	4.848	*	365
=	34.75

Tallgrass Energy's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

	Days Sales Outstanding (Q: Dec. 2012 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2011 )	+	Accounts Receivable (A: Dec. 2012 ))	/	count )	/	Revenue (A: Dec. 2012 )	*	Days in Period
=	( (0.29	+	0.633)	/	2 )	/	4.848	*	365 / 2
=	0.4615					/	4.848	*	365 / 2
=	17.37

Tallgrass Energy (FRA:TGV) Days Sales Outstanding Explanation

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

Tallgrass Energy Days Sales Outstanding Related Terms

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Tallgrass Energy (FRA:TGV) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.tallgrassenergy.ca

Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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