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Harbour Energy (LSE:HBR) Days Sales Outstanding : 67.02 (As of Dec. 2023)


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What is Harbour Energy Days Sales Outstanding?

Harbour Energy's average Accounts Receivable for the six months ended in Dec. 2023 was £500 Mil. Harbour Energy's Revenue for the six months ended in Dec. 2023 was £1,362 Mil. Hence, Harbour Energy's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.02.

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

LSE:HBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.56   Med: 28.8   Max: 54.73
Current: 54.73

During the past 4 years, Harbour Energy's highest Days Sales Outstanding was 54.73. The lowest was 24.56. And the median was 28.80.

LSE:HBR's Days Sales Outstanding is ranked worse than
56.04% of 935 companies
in the Oil & Gas industry
Industry Median: 48.99 vs LSE:HBR: 54.73

Harbour Energy's Days Sales Outstanding increased from Dec. 2022 (50.53) to Dec. 2023 (67.02).


Harbour Energy Days Sales Outstanding Historical Data

The historical data trend for Harbour 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.

* Premium members only.

Harbour Energy Days Sales Outstanding Chart

Harbour Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
28.66 28.93 24.56 37.65

Harbour Energy Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 48.22 50.43 50.53 60.08 67.02

Competitive Comparison of Harbour Energy's Days Sales Outstanding

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


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

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

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



Harbour 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.

Harbour Energy'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
=( (321.832 + 283.61) / 2 ) / 2934.85*365
=302.721 / 2934.85*365
=37.65

Harbour Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (716.522 + 283.61) / 2 ) / 1361.723*365 / 2
=500.066 / 1361.723*365 / 2
=67.02

* 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.


Harbour Energy  (LSE:HBR) Days Sales Outstanding Explanation

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


Harbour Energy Days Sales Outstanding Related Terms

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Harbour Energy (LSE:HBR) Business Description

Traded in Other Exchanges
Address
23 Lower Belgrave Street, London, GBR, SW1W ONR
Harbour Energy PLC is an independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. It has a lower carbon intensity than the average UK oil and gas producer.

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