LOGL (Legend Oil & Gas) Days Sales Outstanding: 21.40 (As of Dec. 2016)

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What is Legend Oil & Gas Days Sales Outstanding?

Legend Oil & Gas LOGL -90.00% Days Sales Outstanding is 21.40 as of Dec. 2016.

Legend Oil & Gas's average Accounts Receivable for the three months ended in Dec. 2016 was $0.25 Mil. Legend Oil & Gas's Revenue for the three months ended in Dec. 2016 was $1.05 Mil. Hence, Legend Oil & Gas's Days Sales Outstanding for the three months ended in Dec. 2016 was 21.40.

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

LOGL'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.

Legend Oil & Gas's Days Sales Outstanding increased from Dec. 2015 (19.45) to Dec. 2016 (21.40).


Legend Oil & Gas  (OTCPK:LOGL) Days Sales Outstanding Explanation

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


Legend Oil & Gas Days Sales Outstanding Related Terms


Legend Oil & Gas Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Legend 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.

Legend Oil & Gas Days Sales Outstanding Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.05 156.68 33.49 10.64 19.77

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 19.45 14.85 18.84 22.61 21.40

LOGL vs ARSLF, PTRDF, DBRM: Days Sales Outstanding Comparison

For the Oil & Gas Midstream subindustry, Legend 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.


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

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

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



Legend 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.

Legend Oil & Gas's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding (A: Dec. 2016 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2015 ) + Accounts Receivable (A: Dec. 2016 )) / count ) / Revenue (A: Dec. 2016 )*Days in Period
=( (0.184 + 0.234) / 2 ) / 3.859*365
=0.209 / 3.859*365
=19.77

Legend Oil & Gas's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding (Q: Dec. 2016 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2016 ) + Accounts Receivable (A: Dec. 2016 )) / count ) / Revenue (A: Dec. 2016 )*Days in Period
=( (0.258 + 0.234) / 2 ) / 1.049*365 / 4
=0.246 / 1.049*365 / 4
=21.40

* 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 21.40 mean?
Legend Oil & Gas (LOGL) has a Days Sales Outstanding of 21.40 as of Dec. 2016. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Days Sales Outstanding too high?
Legend Oil & Gas' current Days Sales Outstanding is 21.40. The Oil & Gas industry median Days Sales Outstanding is 45.68. Legend Oil & Gas' value of 21.40 is 53.2% below this industry median.
How does Legend Oil & Gas' Days Sales Outstanding compare to ARSLF and PTRDF?
Legend Oil & Gas' Days Sales Outstanding of 21.40 can be compared against companies in the Oil & Gas industry. The industry median Days Sales Outstanding is 45.68. Legend Oil & Gas' value of 21.40 is 53.2% below 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. Legend Oil & Gas's current Days Sales Outstanding of 21.40 is 53.2% below 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 Legend 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. Legend Oil & Gas's current Days Sales Outstanding is 21.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Days Sales Outstanding of 21.40. The current Days Sales Outstanding is 21.40 and 53.2% below 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 Legend Oil & Gas (LOGL), the current Days Sales Outstanding is 21.40 as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.