IXOG (Index Oil & Gas) Days Sales Outstanding: 108.21 (As of Mar. 2009)

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What is Index Oil & Gas Days Sales Outstanding?

Index Oil & Gas IXOG -99.86% Days Sales Outstanding is 108.21 as of Mar. 2009.

Index Oil & Gas's average Accounts Receivable for the three months ended in Mar. 2009 was $0.31 Mil. Index Oil & Gas's Revenue for the three months ended in Mar. 2009 was $0.26 Mil. Hence, Index Oil & Gas's Days Sales Outstanding for the three months ended in Mar. 2009 was 108.21.

The historical rank and industry rank for Index Oil & Gas's Days Sales Outstanding or its related term are showing as below:

IXOG's Days Sales Outstanding is not ranked *
in the Oil & Gas industry.
Industry Median: 45.68
* Ranked among companies with meaningful Days Sales Outstanding only.

Index Oil & Gas's Days Sales Outstanding increased from Mar. 2008 (40.96) to Mar. 2009 (108.21).

Index Oil & Gas  (OTCPK:IXOG) Days Sales Outstanding Explanation

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

Index Oil & Gas Days Sales Outstanding Related Terms

Index Oil & Gas Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Days Sales Outstanding Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Days Sales Outstanding
Get a 7-Day Free Trial 41.48 21.98 37.14 112.43 83.73

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 40.96 60.25 89.55 77.18 108.21

IXOG vs FPPP, UNGS, GBEYF: Days Sales Outstanding Comparison

For the Oil & Gas E&P subindustry, Index Oil & Gas'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.

Index Oil & Gas Days Sales Outstanding vs Oil & Gas Industry

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

* The bar in red indicates where Index Oil & Gas's Days Sales Outstanding falls into.


Index Oil & Gas 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.

Index Oil & Gas's Days Sales Outstanding for the fiscal year that ended in Mar. 2009 is calculated as

Days Sales Outstanding (A: Mar. 2009 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2008 ) + Accounts Receivable (A: Mar. 2009 )) / count ) / Revenue (A: Mar. 2009 )*Days in Period
=( (0.971 + 0.327) / 2 ) / 2.829*365
=0.649 / 2.829*365
=83.73

Index Oil & Gas's Days Sales Outstanding for the quarter that ended in Mar. 2009 is calculated as:

Days Sales Outstanding (Q: Mar. 2009 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2008 ) + Accounts Receivable (A: Mar. 2009 )) / count ) / Revenue (A: Mar. 2009 )*Days in Period
=( (0.292 + 0.327) / 2 ) / 0.261*365 / 4
=0.3095 / 0.261*365 / 4
=108.21

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 108.21 mean?
Index Oil & Gas (IXOG) has a Days Sales Outstanding of 108.21 as of Mar. 2009. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Days Sales Outstanding too high?
Index Oil & Gas' current Days Sales Outstanding is 108.21. The Oil & Gas industry median Days Sales Outstanding is 45.68. Index Oil & Gas' value of 108.21 is 136.9% above this industry median.
How does Index Oil & Gas' Days Sales Outstanding compare to FPPP and UNGS?
Index Oil & Gas' Days Sales Outstanding of 108.21 can be compared against companies in the Oil & Gas industry. The industry median Days Sales Outstanding is 45.68. Index Oil & Gas' value of 108.21 is 136.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for an Oil & Gas company?
The median Days Sales Outstanding among Oil & Gas companies is 45.68, based on 892 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Index Oil & Gas's current Days Sales Outstanding of 108.21 is 136.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Index Oil & Gas and its competitors. For the Oil & Gas industry, the median Days Sales Outstanding is 45.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Index Oil & Gas's current Days Sales Outstanding is 108.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Days Sales Outstanding of 108.21. The current Days Sales Outstanding is 108.21 and 136.9% above the Oil & Gas industry median of 45.68. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Index Oil & Gas (IXOG), the current Days Sales Outstanding is 108.21 as of Mar. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.